Bmw 330e Bik Rates 2020

2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Local Forums UK BIK rates for 2020 onwards on 330e M Sport - anyone else hacked off? BMW 3 Series UK Company Car Tax Calculator We have already calculated the BIK rates and P11D values for a number of derivatives of the BMW 3 Series range. Just select your BMW 3 Series from the trim list, then enter your income details and calculate! Remember, you can enter a cash allowance to compare if getting a vehicle privately would be worth it.

The proactive approach adopted by BMW to this industry-wide change coincides with key corporate models winning numerous awards. The 330e hybrid, with an all-electric range of up to 36 miles and BIK confirmed at 10 per cent, was recently named Best Plug-in Hybrid Car and Best Executive Car at the What Car? Awards 2020. BMW UK has published WLTP CO2 and benefit in kind (BIK) data for its range in readiness for the change to BIK for company cars registered from 6 April 2020.

As a result, the 330e's CO2 rating of 32g/km and electric-only range of 35 miles attract a benefit-in-kind (BIK) rate of just 10%, a saving of £958 per year for a 40% taxpayer over the previous. Benefit-in-Kind (BiK) Rates 2020-2028 If your car was registered on or after 6th April 2020, then your Benefit-in-Kind (BiK) rate will be based on vehicle emissions data achieved under the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). You'll need to use Table 1 to work out your appropriate BiK percentage.

The BMW 330e can save businesses up to 40% on company car tax compared to traditional vehicles. Benefit-in-Kind (BIK) tax rates and salary sacrifice schemes offer significant cost-saving opportunities for businesses and employees. The BMW 330e's status as an ultra.

Plenty of us new 330e drivers are probably company car drivers, and the tax advantages of the new model are part of choosing the car. BUT, the government have significantly disadvantaged 330e M Sport users with its new twin track BIK published rates for 2020/21 to 2022/23, until one set of rates become applicable. And none does it better than the BMW 330e.

The tax bill for someone running a 330e was cut by close to £1000 a year for a 40% taxpayer as a result of the new rules, moving down to a 10% BIK rate. Calculate the company car tax and any fuel benefit charge on your actual income. Just select your BMW from the list to calculate.

Instantly compare with taking a cash allowance instead. You can also optionally add your capital contribution. Updated for tax year 2025.