VOLVO XC40 Plug-in hybrid Recharge T4 FWD Inscription Expression 211hp Automatic Add to compare

VOLVO XC40 Plug-in hybrid tax calculator 2021/22
  • OTR £37,345
    incl. OLEV grant
  • Plug-in Petrol Hybrid, SUV, SUV
  • 1477cc (1.5 litre), , 5 door
CO2
47
47-55
WLTP
Band
1-50
TO
51-75
WLTP
BIK Y1
13% 13-15%
2021/22

Tax calculators

Car Tax (VED)
Car registered
from April 2020
(WLTP)
First year rate
2021/22
£0
Standard rate
2021/22
£145
Premium rate
2021/22
£480
Company car tax calculator
Cars registered from April 2020 (WLTP)
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    Employees can contribute up to £5000 towards the cost of buying a company car. This decreases the taxable value of the car (P11D) by the amount contributed.
Tax year 2021/22 2022/23 2023/24
P11D Price £37,290
BIK Rate 13%
(13-15%)
14%
(14-16%)
14%
(14-16%)
BIK Value £4,848
(£4,848-£5,594)
£5,221
(£5,221-£5,966)
£5,221
(£5,221-£5,966)
Tax £970
(£970-£1,119)
£1,044
(£1,044-£1,193)
£1,044
(£1,044-£1,193)
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.

Using the VOLVO XC40 Plug-in hybrid tax calculator

The VOLVO XC40 Plug-in hybrid tax calculator shows the Car Tax (VED) payable for the selected model for the 2021/22 tax year. The BIK calculator shows the amount of company car tax payable for the VOLVO XC40 Plug-in hybrid 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.

VOLVO XC40 Plug-in hybrid BIK calculator 2021/22
Chris Lilly

Author:Chris Lilly
Date Updated:8th Oct 2021