Fleet Cars FAQ

We’ve put together a glossary to help you understand some of the key terminologies associated with fleet vehicles.

Term Glossary

What are Whole Life Costs?

The Whole Life Cost is the total expense of owning a vehicle over its operational life. As well as the initial acquisition price, this includes MPG, C02 emissions, level of depreciation, maintenance and servicing costs as well as running costs – including fuel, mileage, taxation and insurance.

Whole-life Costing helps Fleet Managers make the best possible vehicle choices.

What is BIK?

If you drive a company car that is made available for private use, Benefit-in-Kind (BIK) is the company car tax you will be liable to pay.

The amount of BIK tax you’ll pay is based on official CO2 emissions, the car’s P11D value, fuel type and your personal tax rate.

WHAT IS P11D?

The P11D value comprises the list price of your car, including optional extras and delivery charges. It does not include non-taxable items such as the car’s first-year registration fee or annual VED car tax.

A P11D form is completed by employers each year to inform HMRC about the cash equivalent of all the benefits and expenses that you have received from your company in addition to salary during the tax year.

What is WLTP?

The Worldwide Harmonised Light Vehicles Test Procedure – or WLTP replaces the previous testing process, the New European Driving Cycle or NEDC. The WLTP testing method is designed to give a more realistic set of figures for emissions and fuel consumption than the NEDC – closer to what you could achieve in everyday driving.

All new cars registered must now have type-approved WLTP figures. From September 2019, WLTP regulations will also be applied to light commercial vehicles.

How will WLTP affect you and your Nissan fleet vehicles?

When you choose a Nissan company car, we want you to have all the facts at your disposal. This includes having accurate and clearly-expressed information about vehicle emissions and fuel consumption. WLTP makes this easier. Although under the new conditions, the figures will be higher than those quoted under the obsolete NEDC test process, Nissan vehicles remain the same – it’s just that the standards by which they are tested have been improved.

For more information on WLTP, please click here.

If you have any further questions please contact sales@nissancorporate.co.uk

Vehicle Tax Bands

BIK tax bands (also known as company car tax bands) are based on the CO2 emissions of your vehicle and the P11D value. Use the table below to find your vehicle tax band.

Tax bands for 2017-2020 - CO2 based tax bands

% of P11D Price	2017/18 * CO2 (g/km)	2018/19 ** CO2 (g/km)	2019/20 ** CO2 (g/km)

0	N/A	N/A	N/A
5	N/A	N/A	N/A
7	N/A	N/A	N/A
9	0-50	N/A	N/A
10	N/A	N/A	N/A
11	N/A	N/A	N/A
12	N/A	N/A	N/A
13	51-75	0-50	N/A
14	N/A	N/A	N/A
15	N/A	N/A	N/A
16	N/A	51-75	0-50
17	76-94	N/A	N/A
18	95-99	N/A	N/A
19	100-104	76-94	51-75
20	105-109	95-99	N/A
21	110-114	100-104	N/A
22	115-119	105-109	76-94
23	120-124	110-114	95-99
24	125-129	115-119	100-104
25	130-134	120-124	105-109
26	135-139	125-129	110-114
27	140-144	130-134	115-119
28	145-149	135-139	120-124
29	150-154	140-144	125-129
30	155-159	145-149	130-134
31	160-164	150-154	135-139
32	165-169	155-159	140-144
33	170-174	160-164	145-149
34	175-179	165-169	150-154
35	180-184	170-174	155-159
36	185-189	175-179	160-164
37	190+	180+	165+

* Add 3% for diesels up to a maximum of 37%

** Add 4% for diesels up to a maximum of 37%

Tax bands for 2020/21 - BIK based tax bands

CO2 g/km	Electric range miles	Petrol/diesel hybrid/other % of P11D price	Diesel % of P11D price

0		2	6
0-50	130 and above	2	6
0-50	70 - 129	5	9
0-50	40 - 69	8	12
0-50	30 - 39	12	16
0-50	0 - 30	14	18
51 - 54		15	19
55 - 59		16	20
60 - 64		17	21
65 - 69		18	22
70 - 74		19	23
75 - 79		20	24
80 - 84		21	25
85 - 89		22	26
90 - 94		23	27
95 - 99		24	28
100 - 104		25	29
105 - 109		26	30
110 - 114		27	31
115 - 119		28	32
120 - 124		29	33
125 - 129		30	34
130 - 134		31	35
135 - 139		32	36
140 - 144		33	37
145 - 149		34	37
150 - 154		35	37
155 - 159		36	37
160 - 999		37	37