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the rules of the Business Tax Scheme. Calculation basis. Company car is a taxable benefit and the value is calculated as a standard percentage.

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May 28,  · Company car tax payable by an employee is based on the vehicle's P11D value multiplied by the appropriate BIK rate (determined by the car's CO2 and fuel type) and .

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Tax and Tags Calculator. When purchasing a vehicle, the tax and tag fees are calculated based on a number of factors, including: The county the vehicle is registered in. The vehicle weight. .