Use this tool to calculate the benefit in kind charged on use of an employer's asset.
A benefit in kind charge is made when employees or directors, earning over £8,500 a year, use an asset owned by their employer (cars, vans, accommodation and mobile telephones are exempt).
An additional charge is made if the asset is subsequently sold to the employee. To calculate the benefit of this sale, enter the amount of benefit paid since the asset was first used. This does not affect the sale of cars, where the benefit is calculated as the market value of the car minus the amount paid by the employee.