VOLVO V70 tax calculator 2022 - BIK

Used model
Not eligible for OLEV grant
Diesel, Executive, estate
1969cc (2.0 litre), , 5 door

CO2

114

NEDC

Band

111 - 130
g/km

NEDC

BIK Y1

31%

2022/23

Car Tax (VED)
Car registered
before April 2017

First year rate
2022/23 N/A

Standard rate
2022/23 £30

Premium rate
2022/23 N/A

Car Tax (VED)
Car registered
from April 2017

First year rate
2022/23 N/A

Standard rate
2022/23 £165

Premium rate
2022/23 £520

Car Tax (VED)
Car registered
from April 2018

First year rate
2022/23 N/A

Standard rate
2022/23 £165

Premium rate
2022/23 £520

Tax year	2022/23	2023/24	2024/25
P11D Price	£34,865
BIK Rate	31%	31%	31%
BIK Value	£10,808	£10,808	£10,808
Tax	£2,162	£2,162	£2,162

NOTE: Above BIK value and Tax costs are estimates only and precise values will depend on the final specification of each model. The main value is based on the base model, with no options applied affecting either cost or CO2 emissions. Figures in brackets are based on the lowest and highest CO2 emissions attributable to the model with options fitted. However, these are calculated against the base model’s P11D value, so may not exactly match a car fitted with certain optional extras.

The VOLVO V70 tax calculator shows the Car Tax (VED) payable for the selected model for the 2022/23 tax year. The BIK calculator shows the amount of company car tax payable for the VOLVO V70 model taking into account any capital contributions and selected income tax rate. Figures are shown for the next three tax years.

To understand more about BIK rates and how tax is calculated visit the main company car tax page or the car tax page. To compare company car tax across more than one model go to the company car tax calculator.