HOW CAN I WORK OUT MY TAXABLE RATE?
Lexus has provided a helpful company car tax calculator, saving you from the hard work:
CLICK HERE TO USE THE COMPANY CAR TAX CALCULATOR
It even allows you to compare the cost between any Lexus model and cars from other manufacturers. Here is the official calculation:
Annual tax to pay = (P11D price multiplied by BIK percentage) multiplied by the driver’s income tax rate.
Alternatively, why not try this official app from Toyota and Lexus Fleet Services available on the APPLE STORE.