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Company Car BIK CalculatorOMV is the single biggest input in your company car BIK calculation. A €5,000 OMV difference at 30% BIK rate = €1,500 taxable benefit change = ~€780 in extra tax. Use the Company Car BIK tool to compare OMV scenarios.
OMV = Original Market Value — the manufacturer's list price before discounts. Revenue uses OMV to calculate the taxable cash equivalent: Taxable BIK = OMV × BIK rate %.
| OMV | BIK (30%) | Tax at 52% |
|---|---|---|
| €30,000 | €9,000 | ~€4,680/yr |
| €35,000 | €10,500 | ~€5,460/yr |
| €40,000 | €12,000 | ~€6,240/yr |
| €50,000 | €15,000 | ~€7,800/yr |
*Assumes 30% BIK rate and 52% marginal rate. Your actual BIK rate depends on CO₂ category and mileage band.