Benefit In Kind Calculator

PayLessTax

117 Baggot Court
Dublin 2
D02 DD42

Telephone: 01 5242332
email: info@paylesstax.ie

OPENING HOURS

Monday to Friday : 9am to 5pm

 

Please Note

Electric cars and vans are exempt from BIK tax for 2018

 

Current car first provided in tax year

Original market value (OMV) of the vehicle

Annual Business Kilometres:

No. of weeks the car was available to you or your family:


Taxable value of the Benefit In Kind:
(You have to pay Tax and PRSI on this amount)

Annual BIK Tax DUE ( 52% of the BIK amount):

Monthly BIK Tax DUE ( 1/12th of the tax due above):

BIK calculations based on paying top tax rates for tax year 2017.

*New rules announced in 2008 for calculating BIK on cars awaits Government approval which will link the calculation to CO2 emissions level.

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We can provide further advice on this matter by way of consultation.