FAQs

Frequently Asked Questions

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.

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