Company car tax rates (Benefit-in-Kind) 2022-2030

The Treasury reintroduced ultra-low company car tax bands for vehicles emitting less than 50g/km in 2020, and the Autumn Statement 2024 confirmed tax incentives for fully electric company car drivers will remain in place after 2028 but plug-in hybrids will be hit by higher rates.

The appropriate percentages for fully electric vehicles will go up by 2 percentage points for 2028/29 and 2029/30, increasing BiK to 7% and 9%, maintaining a key incentive for drivers to go electric under company car and salary sacrifice schemes.

But rates for plug-in hybrid vehicles will rise and will now solely be based on CO2 emissions. As such, the appropriate percentages for cars with emissions of 1-50g/km of CO2, including PHEVs, will rise to 18% in 2028/29 and 19% in 2029/30.

The table below show the full list of rates:

CO2	Electric Range	2022/25	2025/26	2026/27	2027/28	2028/29	2029/30
		%	%	%	%	%	%
0		2	3	4	5	7	9
1-50	>130	2	3	4	5	18	19
1-50	70-129	5	6	7	8	18	19
1-50	40-69	8	9	10	11	18	19
1-50	30-39	12	13	14	15	18	19
1-50	<30	14	15	16	17	18	19
51-54		15	16	17	18	19	20
55-59		16	17	18	19	20	21
60-64		17	18	19	20	21	22
65-69		18	19	20	21	22	23
70-74		19	20	21	21	22	23
75-79		20	21	21	21	22	23
80-84		21	22	22	22	23	24
85-89		22	23	23	23	24	25
90-94		23	24	24	24	25	26
95-99		24	25	25	25	26	27
100-104		25	26	26	26	27	28
105-109		26	27	27	27	28	29
110-114		27	28	28	28	29	30
115-119		28	29	29	29	30	31
120-124		29	30	30	30	31	32
125-129		30	31	31	31	32	33
130-134		31	32	32	32	33	34
135-139		32	33	33	33	34	35
140-144		33	34	34	34	35	36
145-149		34	35	35	35	36	37
150-154		35	36	36	36	37	38
155-159		36	37	37	37	38	39
160-164		37	37	37	37	38	39
165-169		37	37	37	37	38	39
170+		37	37	37	37	38	39

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