2026/27 tax year

Work out your company-car tax.

Estimate the income tax on a fully electric company car.

Uses the 4% EV benefit-in-kind rate for 2026/27.

Which figures should I enter?

Ask your employer for the P11D value, including taxable options. This can differ from the purchase price or lease cost.

Select your marginal income-tax rate. Scottish rates are included. The estimate applies that rate to the whole benefit.

Official sources · checked 24 September 2026

The 4% rate is from HMRC’s 2026/27 appropriate-percentage table. For your individual circumstances, use HMRC’s company-car calculator or ask payroll.