Who this is for
Employees and households optimizing real take-home outcomes.
Benefits in Kind Calculator
See how much tax you actually pay on company benefits. Your employer reports these on form P11D and HMRC adjusts your tax code - this calculator shows exactly what that costs you per month.
How we calculate this - methodology, formulas & sourcesYour annual BIK tax cost
£0/yr
£0/mo extra tax via PAYE
£
£10k£500k
Your salary determines the tax rate applied to benefits (20%).
Total P11D value
£0/yr
added to your taxable income
Your tax rate on BIK
20%
marginal income tax rate
Enable a benefit above to see the tax impact
Tax-free benefits (no BIK)
These common benefits are NOT taxable:
- Employer pension contributions
- Cycle to Work scheme
- One mobile phone (contract in employer's name)
- Workplace parking
- On-site gym or canteen
- Trivial benefits (under £50 each)
- Annual staff party (under £150/head)
- Working from home allowance (£6/week)
- Death-in-service / group life insurance