Ireland Electric Vehicle (EV) BIK Calculator 2025
Calculate the annual and monthly Benefit-in-Kind (BIK) tax on company electric vehicles: full €45,000 statutory OMV deduction, Category A business mileage tiers (9%–22.5%), and net pay deduction.
Vehicle & Mileage Parameters
Irish list price when new, including VAT and VRT before EV grants.
Directly deducted euro-for-euro from taxable BIK cash equivalent.
EV BIK Statutory Assessment Breakdown Finance Act 2024 / 2025
Irish Company Car BIK Percentage Bands by CO2 Emission Category
| Annual Business Travel | Category A (Electric 0g/km) | Category B (1-59g/km) | Category C (60-99g/km) | Category D (100-139g/km) | Category E (>140g/km) |
|---|---|---|---|---|---|
| Lower Band (<26,000 km) | 22.5% | 26.25% | 30.0% | 33.75% | 37.5% |
| Middle Band 1 (26,001–39,000 km) | 18.0% | 21.0% | 24.0% | 27.0% | 30.0% |
| Middle Band 2 (39,001–52,000 km) | 13.5% | 15.75% | 18.0% | 20.25% | 22.5% |
| Top Band (>52,000 km) | 9.0% | 10.5% | 12.0% | 13.5% | 15.0% |
Principal Hardware & Web Systems Engineer. Specialized in statutory financial engines, Irish Revenue statutory codes (TCA 1997, CATCA 2003, Social Welfare Acts), and macroprudential mortgage models.
Frequently Asked Questions (EV BIK Ireland)
What is the BIK exemption for electric company cars in Ireland for 2025?
Under Budget 2025, the temporary Original Market Value (OMV) relief of €35,000 plus the additional €10,000 universal reduction is extended throughout 2025. This provides a total €45,000 statutory deduction from the OMV before calculating BIK on qualifying electric cars.
What happens if an electric car has an OMV of less than €45,000?
If the Original Market Value of the company EV is €45,000 or less, the taxable BIK cash equivalent is €0. The employee pays zero PAYE, zero USC, and zero PRSI on the vehicle.
What are the BIK percentage rates for electric vehicles in Ireland?
Electric cars produce 0g/km CO2 and fall under Category A. The statutory BIK percentage ranges according to annual business kilometres: 22.5% (<26,000 km), 18.0% (26,001 - 39,000 km), 13.5% (39,001 - 52,000 km), and 9.0% (>52,000 km).
Is free employer workplace or home EV charging taxable as BIK?
Electricity provided free of charge by an employer at work premises for charging employee vehicles is completely exempt from BIK. The installation of a home charging unit for an electric company vehicle is also exempt from BIK.
What statutory payroll deductions apply to company car BIK in Ireland?
The notional BIK value is treated as taxable employment income and is subject to PAYE income tax (at 20% standard rate or 40% higher rate), Universal Social Charge (USC), and employee PRSI Class A (4.10%), as well as employer PRSI (11.15%).