BIK Tax Calculator
Benefit In Kind Tax calculations based on paying top tax rates for tax year 2019.
Current car first provided in tax year
Original market value (OMV) of the vehicle
Annual Business Kilometres:
Do you work at least 20 hours per week and
spend at least 70% of your time away from the office?
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):
*Electric cars and vans are exempt from BIK tax for 2018
*New rules announced in 2008 for calculating BIK on cars awaits Government approval which will link the calculation to CO2 emissions level.
Irish Revenue ROS Agent
On Irish Revenue List of Software Providers