Your BMW Company Car Tax calculations

Please see below for results of your BMW Company Car Tax calculations. You can personalise this even further by adding any personal contributions or free fuel below.

Based on your selection, the table below provides a guide for your company car tax for the next four years.

BMW 5 Series Touring 520 2.0i MHT 184 StopStart EU6 SE Steptronic - 2022MY

  • P11D (£)3 £42,110
  • P11D (£) of Options £0
  • CO2 Emissions (WLTP Combined g/km)1 152 g/km
  • MPG2 42.2 mpg
  • Power (PS) 184 ps
  • Insurance Group 36
  • 0-62 8.3 secs
  • Top Speed 140 mph

Monthly Car Tax Liability

  Monthly Car Tax Liability
Tax Year BIK % BIK Value 20% Tax Rate 40% Tax Rate 45% Tax Rate
2022/23 2022/23 34% 2022/23 £14,317 2022/23 £239 2022/23 £477 2022/23 £537
2023/24 2023/24 35% 2023/24 £14,738 2023/24 £246 2023/24 £491 2023/24 £553
2024/25 2024/25 35% 2024/25 £14,738 2024/25 £246 2024/25 £491 2024/25 £553
2025/26 2025/26 35% 2025/26 £14,7384 2025/26 £246 2025/26 £491 2025/26 £553

Monthly Car Tax Liability

Free Fuel Monthly Tax Liability

  Monthly Car Tax Liability Free Fuel Monthly Tax Liability
Tax Year 20% Tax Rate 40% Tax Rate 45% Tax Rate BIK Value 20% Tax Rate 40% Tax Rate 45% Tax Rate
2022/23 2022/23 £239 2022/23 £477 2022/23 £537 2022/23 £8,364 2022/23 £139 2022/23 £279 2022/23 £314
2023/24 2023/24 £246 2023/24 £491 2023/24 £553 2023/24 £8,610 2023/24 £144 2023/24 £287 2023/24 £323
2024/25 2024/25 £246 2024/25 £491 2024/25 £553 2024/25 £8,610 2024/25 £144 2024/25 £287 2024/25 £323
2025/26 2025/26 £246 2025/26 £491 2025/26 £553 2025/26 £8,610 2025/26 £144 2025/26 £287 2025/26 £323
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Personalise Your Tax Calculation

Illustration based on your selected tax band of 0% with free fuel and 0 private miles per annum.

For the BMW 5 Series Touring 520 2.0i MHT 184 StopStart EU6 SE Steptronic, you would be £0 a month better off without free fuel based on your current mileage (assumes 42.2 mpg and a pump price of 146.53 pence per litre). To benefit from free fuel you need to drive at least 0 private miles in the current tax year.

For the BMW 5 Series Touring 520 2.0i MHT 184 StopStart EU6 SE Steptronic, you are £0 a month better off with free fuel based on your current mileage (assumes 42.2 mpg and a pump price of 146.53 pence per litre). If your private mileage falls below 0 miles in the current tax year you will be better off without free fuel.

Please select your income tax rate.

Personalise Your Tax Calculation

Capital contributions made by an employee towards the cost of the car and/or accessories reduce the price of the car for tax purposes up to a limit of £5,000.

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Personalise Your Tax Calculation

Payments made to the employer for the private use of a company car are deducted from the car benefit charge after taking into account periods of unavailability. To qualify as a deduction:

  • There must be a requirement in the tax year to make payments as a condition of the car being available for private use.
  • The payments must be specifically for that private use.
  • The payments must actually have been made.
  • Payments for supplies or services, such as petrol or insurance, do not count.

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Personalise Your Tax Calculation

For the 2021/22 tax year, the Government set figure for calculating the tax due on employer-provided free fuel for private use in a company car is £24,600. To calculate the tax, you need to know the Government set figure for fuel benefit tax, the car's combined fuel economy in mpg, BIK tax percentage, the price of fuel used and the driver's marginal tax rate.

Example: BMW 1 Series 118 Hatch 5Dr 2.0d 150 StopStart EU6 SE LCP Auto, 58.9 mpg, 29% BIK, 126 g/km CO2.

  • The 2021/22 Government scale charge is £24,600.
  • The 2021/22 tax percentage for this model is 29%.
  • £24,600 x 29% = £7,134 free fuel BIK value.
  • £7,134 equates to £2,854 annual tax liability for a 40% tax payer.
  • £2,854 will pay for 503 gallons of Diesel for a 40% tax payer (£2,854 divided by the price for a gallon of Diesel, £5.67 in April 2021).

Break even mileage is therefore 29,653 for a 40% tax payer (503 gallons x 58.9 mpg). For a 20% tax payer the break-even mileage is 14,826.

  • If the number of private miles you cover is less than the break-even mileage, consider paying for the fuel yourself as it will cost less than your tax liability.
  • If the number of private miles you cover is greater than the break-even mileage, you are better off paying the tax.

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Vehicle data is provided by KeeResources' KWIKvehicledata for information purposes. All content has been put together with the greatest possible care. KeeResources Ltd. cannot be held liable for the information or prices contained being free of errors, correct, and accurate. No guarantee can be provided nor liability accepted. VED, New Registration Fees, CO2 and performance figures may change depending on list price, selected options and accessories respectively. Vehicle specifications may vary and should be confirmed prior to purchase. BIK values are guidance only of taxation payments applicable to company car and commercial vehicle users. All vehicle data shown is valid until the end of May 2022.