As a company car driver, we understand Benefit in Kind (BIK)* tax plays a part in deciding which car to choose. At Toyota, our ongoing commitment to the environment leads us to design models that aim to deliver low CO2 emissions, which in turn helps reduce your costs.
Our seven hybrid models deliver low emissions that offer reductions in the tax you pay. We also ensure you look the part with models like the stylish C-HR, and eye-catching Corolla.
Calculate company car tax
*Benefit in Kind (BIK) is a tax on employees who receive benefits or perks in addition to their salary. If you drive a company car for private use, you will have to pay BIK. Every car has a BIK banding. This is based on CO2 emissions, and the car’s P11D value, which is the list price, including extras and VAT, but without first year registration fee and vehicle tax. The lower the CO2 emissions the lower the BIK banding, which is one of the reasons why our hybrids make great company cars.
Our seven hybrid models deliver low emissions that offer reductions in the tax you pay. We also ensure you look the part with models like the stylish C-HR, and eye-catching Corolla.
Calculate company car tax
*Benefit in Kind (BIK) is a tax on employees who receive benefits or perks in addition to their salary. If you drive a company car for private use, you will have to pay BIK. Every car has a BIK banding. This is based on CO2 emissions, and the car’s P11D value, which is the list price, including extras and VAT, but without first year registration fee and vehicle tax. The lower the CO2 emissions the lower the BIK banding, which is one of the reasons why our hybrids make great company cars.
Company Car Drivers