Peugeot 508 SW PSE SW 5Dr HYBRID4 1.6 PHEV 11.8kWh 360 StopStart EU6 Sport Engineered e-EAT - 2021.5MY

  • P11D3 £55,740
  • P11D of Options £0
  • CO2 Emissions1 46 g/km
  • MPG2 138.9 mpg
  • Power (PS) 360 ps
  • Insurance Group 33
  • 0-62 5.2 secs
  • Top Speed 155 mph

Monthly Car Tax Liability

  Monthly Car Tax Liability
Tax Year BIK % BIK Value 20% Tax Rate 40% Tax Rate 45% Tax Rate
2021/22 2021/22 13% 2021/22 £7,246 2021/22 £121 2021/22 £242 2021/22 £272
2022/23 2022/23 14% 2022/23 £7,804 2022/23 £130 2022/23 £260 2022/23 £293
2023/24 2023/24 14% 2023/24 £7,804 2023/24 £130 2023/24 £260 2023/24 £293
2024/25 2024/25 14% 2024/25 £7,8044 2024/25 £130 2024/25 £260 2024/25 £293

Monthly Car Tax Liability

Free Fuel Monthly Tax Liability

  Monthly Car Tax Liability Free Fuel Monthly Tax Liability
Tax Year 20% Tax Rate 40% Tax Rate 45% Tax Rate BIK Value 20% Tax Rate 40% Tax Rate 45% Tax Rate
2021/22 2021/22 £121 2021/22 £242 2021/22 £272 2021/22 £3,198 2021/22 £53 2021/22 £107 2021/22 £120
2022/23 2022/23 £130 2022/23 £260 2022/23 £293 2022/23 £3,444 2022/23 £57 2022/23 £115 2022/23 £129
2023/24 2023/24 £130 2023/24 £260 2023/24 £293 2023/24 £3,444 2023/24 £57 2023/24 £115 2023/24 £129
2024/25 2024/25 £130 2024/25 £260 2024/25 £293 2024/25 £3,444 2024/25 £57 2024/25 £115 2024/25 £129
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Personalise Your Tax Calculation

Illustration based on your selected tax band of 0% with free fuel and 0 private miles per annum.

For the Peugeot 508 SW PSE SW 5Dr HYBRID4 1.6 PHEV 11.8kWh 360 StopStart EU6 Sport Engineered e-EAT, you would be £0 a month better off without free fuel based on your current mileage (assumes 138.9 mpg and a pump price of 296.18 pence per litre). To benefit from free fuel you need to drive at least 0 private miles in the current tax year.

For the Peugeot 508 SW PSE SW 5Dr HYBRID4 1.6 PHEV 11.8kWh 360 StopStart EU6 Sport Engineered e-EAT, you are £0 a month better off with free fuel based on your current mileage (assumes 138.9 mpg and a pump price of 296.18 pence per litre). If your private mileage falls below 0 miles in the current tax year you will be better off without free fuel.

Please select your income tax rate.

Personalise Your Tax Calculation

Capital contributions made by an employee towards the cost of the car and/or accessories reduce the price of the car for tax purposes up to a limit of £5,000.

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Personalise Your Tax Calculation

Payments made to the employer for the private use of a company car are deducted from the car benefit charge after taking into account periods of unavailability. To qualify as a deduction:

  • There must be a requirement in the tax year to make payments as a condition of the car being available for private use.
  • The payments must be specifically for that private use.
  • The payments must actually have been made.
  • Payments for supplies or services, such as petrol or insurance, do not count.

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Personalise Your Tax Calculation

For the 2021/22 tax year, the Government set figure for calculating the tax due on employer-provided free fuel for private use in a company car is £24,600. To calculate the tax, you need to know the Government set figure for fuel benefit tax, the car's combined fuel economy in mpg, BIK tax percentage, the price of fuel used and the driver's marginal tax rate.

Example: Peugeot 308 Hatch 5Dr 1.5 BlueHDi 130 StopStart EU6 Active Premium, 65.6 mpg, 28% BIK, 122 g/km CO2.

  • The 2021/22 Government scale charge is £24,600.
  • The 2021/22 tax percentage for this model is 28%.
  • £24,600 x 28% = £6,888 free fuel BIK value.
  • £6,888 equates to £2,755 annual tax liability for a 40% tax payer.
  • £2,755 will pay for 486 gallons of Diesel for a 40% tax payer (£2,755 divided by the price for a gallon of Diesel, £5.67 in April 2021).

Break even mileage is therefore 31,887 for a 40% tax payer (486 gallons x 65.6 mpg). For a 20% tax payer the break-even mileage is 15,943.

  • If the number of private miles you cover is less than the break-even mileage, consider paying for the fuel yourself as it will cost less than your tax liability.
  • If the number of private miles you cover is greater than the break-even mileage, you are better off paying the tax.

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