Company Car Tax

Need helping working out your company car tax?

The Parkers Company Car Tax Calculator helps you work out how much Benefit-in-Kind tax you would have to pay for your new company car, broken down into annual and monthly costs for 20, 40 or 45 percent tax payers.

If you’re struggling to decide which company car to go for and need to know how much tax each car is going to cost you, the Parkers Company Car Tax Calculator is the ideal place to find out.

It’s simple and quick - use the drop-down menus to select the make and model of car you are interested in, its registration plate and your tax rate according to your income. 

To find out more about company car tax, read our guide 'Company car tax explained' here.

If your employer pays for your fuel for private use, you'll also pay the Car Fuel Benefit charge. For more information visit the HM Revenue & Customs website.

Company car tax calculator

Tax rates (2019/20)


Basic Rate (20%)

£12,500 - £50,000

Higher Rate (40%)

£50,001 - £150,000

Additional Rate (45%)

Over £150,000

These bands assume a personal income tax allowance of £12,500