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Purchase price, depreciation, servicing: there's a lot to consider if you want to know the costs of running a vehicle. Just enter the details and we'll do the calculation for you.
Providing employees with free fuel for private use (including travelling to and from work) is classed as a benefit, therefore you will need to pay Class 1A National Insurance contributions.
Select how many years you want to calculate Whole Life Costs over.
Data provided by independent industry source KeeResources' KWIKcarcost on a monthly basis. All data shown is valid until the end of October 2018. For fuel benefit costs after year 1, an assumption has been made that the £20,200 multiplier will be continued at this amount into future years. Hyundai Motor UK Ltd does not offer tax advice and recommends that all company car drivers or Fleet Managers consult their accountant or accounts department with regards to their particular tax position. Whole Life Cost and Benfit in Kind informaiton provided should not be used as a substitute for professional tax advice.
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