HR & Payroll
Training
Support
  1. Home>
  2. Tools Overview>
  3. Free Benefit in Kind (BIK) Calculator

Free Benefit in Kind (BIK) Calculator for Company Cars

The Benefit-in-Kind (BIK) Calculator is a free tool designed to help employers and employees calculate the taxable benefit-in-kind derived from the personal use of employer-provided cars in Ireland, following the guidelines issued by Revenue. This BIK calculator applies to the years 2023 and onwards. For earlier years, please refer to the Tax and Duty Manual available from Revenue.

Use Calculator
Woman in white shirt driving car
Group Icon
Who Should Use This Calculator?

This calculator is for employers, HR professionals, and payroll administrators to calculate the BIK for employees using company vehicles for personal purposes to remain compliant with Revenue regulations.

Settings Icon
How Does It Work?

The calculator requires inputs such as the Original Market Value (OMV) of the vehicle, the annual business mileage, and the CO2 emissions category. It then applies the appropriate percentage based on Revenue’s 2025 BIK guidelines, providing the taxable benefit amount. For electric vehicles, the calculator automatically applies the €35,000 reduction in OMV for the 2025 tax year.

Money Icon
Why Is BIK Important?

Benefit in Kind is a form of non-cash income an employee receives from their employer, which is subject to tax. For company cars, it refers to the taxable benefit associated with using the vehicle for personal purposes and must be accurately calculated to avoid taxation errors and penalties.