Benefit In Kind Calculator
BIK calculations based on paying top tax rates for tax year 2018.
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):