Company car drivers with a pure electric vehicle will pay very little BIK tax. The same tax rate also applies to vehicles with a Co2 figure between one and 50g/km of Co2, which are capable of more than 130 miles using battery power alone on a single charge. Comparatively, a petrol or diesel vehicle can be taxed as high as 37%. All manufacturers are striving to reduce their vehicle Co2 emissions which will make them more attractive as a company car and meet Government emission targets. To calculate the taxable value for a car, multiply its P11d value by its Co2 tax rate. Then multiply this figure by your income tax rate (20%,40%,45%) to calculate the BIK tax you will be liable for. We have simplified this for you, use our BIK Tax Calculator by clicking the link above titled Company Car Tax Calculator. Select the Choose Your Company Car button, find the car you want and simply search. We have made the calculations for you. More information on Company car tax BIK tax percentages for vehicles registered after 6th April 2020 please visit the government website.