People & employment
Company Car BIK Calculator Ireland 2026
Calculate 2026 car BIK, supported EV reductions, a single employee's take-home impact and employer-cost assumptions. This free company car bik calculator ireland 2026 shows the calculation and its assumptions so you can compare your own figures.
Your results
Calculate 2026 car BIK, supported EV reductions, a single employee's take-home impact and employer-cost assumptions.
Rules checked for 2026 on 2026-10-06. Scope: 2026 full-year car/EV cash equivalent; restricted employee PAYE scenario
Calculated outcomes
- Annual Take Home Reduction
- €1,771.41
- Cash Net After BIK
- €43,153.27
- Adjusted Omv
- €25,000.00
- Bik Rate Percent
- 15%
- Vehicle Category
- A1
- Additional Employer PRSI
- €427.50
- Annual Employer Car Cost
- €8,427.50
Assumptions and estimates
- Full-year 2026 company-car use, single-assessed Class A employee aged 35 with standard credits; published PAYE engine includes its annualised PRSI assumptions. Employee contribution must be paid directly to the employer. Employer PRSI is an entered scenario rate, not an automatic payroll classification. No vans, pool-car exemptions, part-year use, foreign OMV adjustments, reduced-business-mileage concession, marginal age relief, married assessment or medical-card USC profile. Confirm actual payroll treatment.
- Method: 2026 BIK = max(0, adjusted OMV × CO₂/mileage band − direct employee contribution). OMV reduction is €10,000 except category E, plus €20,000 for electricity-only cars. Compare the existing published-2026 single PAYE calculation with and without notional pay; remove notional cash and direct contributions from take-home.
- Full-year single-assessed Class A employee aged 35, standard tax credits. Employer PRSI is an entered scenario rate. Vans, part-year availability, pool cars, special 20%-reduction concessions, married/medical-card/age profiles and foreign OMV adjustments are not supported.
Sources: Revenue 2026 categories, mileage bands and examples, Revenue electricity-only OMV reductions
Useful next steps
- Use Compare options to test an alternative side by side.
- Check the official sources above before relying on the figure.
- Copy, print or download a record of this calculation when you need one.
Reports open your email app addressed to s@s1.ie with the public page address only. Your inputs are never added.
How the company-car bik and take-home impact calculation works
2026 BIK = max(0, adjusted OMV × CO₂/mileage band − direct employee contribution). OMV reduction is €10,000 except category E, plus €20,000 for electricity-only cars. Compare the existing published-2026 single PAYE calculation with and without notional pay; remove notional cash and direct contributions from take-home.
Full-year single-assessed Class A employee aged 35, standard tax credits. Employer PRSI is an entered scenario rate. Vans, part-year availability, pool cars, special 20%-reduction concessions, married/medical-card/age profiles and foreign OMV adjustments are not supported.
Applicable rules year: 2026. Sources checked 2026-10-06: 2026 full-year car/EV cash equivalent; restricted employee PAYE scenario Published rules are used, not proposed changes.
Using this calculator
- Enter your own figures in the labelled inputs. Keep the currencies, units and time periods consistent.
- Choose any applicable rate profile, pattern or assumption shown for this tool. Open additional inputs when relevant.
- Review taxable benefit and monthly take home reduction, then read the stated assumptions and eligibility conditions before using the result.
Official sources and further information
Worked example
This is a static example using illustrative inputs, not facts about you or today’s date. The displayed eligibility selections and assumptions apply only to this example.
See example inputs
- Original Irish market value including VAT/VRT (€)
- 55000
- Electricity-only car (not a hybrid)
- Yes
- Certified CO₂ emissions (g/km)
- 0
- Full-year business distance excluding commuting (km)
- 23000
- Direct annual contribution to employer (€)
- 0
- Annual cash salary excluding BIK (€)
- 60000
- Annual personal pension contribution (€)
- 0
- Assumed employer PRSI rate for incremental BIK (%)
- 11.4
- Employer's annual lease/ownership and running costs (€)
- 8000
- Taxable Benefit
- €3,750.00
- Monthly Take Home Reduction
- €147.62