Vauxhall Astra: Company car

Just how much tax would I pay?

As part of my duties working for the wonderful Parkers I look after the Company Car Driver section of the website. For this reason I decided that I'd better show you how well my long-termer would fare if I was paying company car tax on it.

Here's my guide to working out the company car tax on my Astra 2.0 CDTi SRI ECOflex.

The first thing you need to know is the P11d value. This is the RRP of the car minus first registration fee and road tax. It does include VAT, delivery and all optional extras. For my Astra the basic P11d price is £22,670, but I've got loads of options on it too which bring the P11d value up to £25,490.

Next, we need to work out which band the car falls into. Taking the CO2 emissions of 119g/km and comparing to the company car tax table here you can see the car sits in the 13% benefit-in-kind threshold.

So to find out how much tax you pay, simply take the P11d value and times by the percentage. In this case, that's £25,490 x 0.13 = £3313.70

Now you multiply that number by the relavent amount of tax you have to pay. If you earn less than £37,000 you're on the basic rate of 20%. If you earn between £37,001 and £150,000 you're a higher rate payer and pay 40%. Anything above that and you're an additional rate payer and are in for 50%.

So, assume I'm a 20% tax payer, you'd take £3313.70 x 0.2 = £662.74

We now have the annual tax bill. To get monthly amounts simply divide by 12.

£662.74 / 12 = £55.23 per month in company car tax. Not bad at all when you compare the same car on a four year PCP scheme could cost around £470 each month.

Current mileage: 2,680

Average mpg: 35.2


Eco mode helps keep CO2 emissions down