Opting out of your company car - your monthly allowance
A monthly allowance from your employer could be an attractive option, which lets you drive the BMW you want.
Please note income tax and National Insurance rates may change and are dependant on government legislation. The 2007/08 monthly allowance calculations are based on the 2007/08 tax year rates. All other monthly allowance calculations are based on the 2007/08 tax year rates. All calculations are included for use as a general guide only.

The information you provide will not be stored or held in any way.

Tax on a company car is calculated based on the P11d value of the vehicle**, your personal taxation band and the CO2 emissions of the vehicle. Please fill out the necessary fields. Fields marked * are required.
Select Series*		Select 3 Series
Select bodystyle*		Select Touring
Select model*		Select 330d
Select transmission*		Manual   Automatic
One off capital contribution made by you:*	£
Annual private usage contribution:*	£
Please enter total price of options:*	£
Please enter total price of accessories:*	£
NB: Only include accessories if fitted after 31 July 1993 and costing at least £100 including VAT and fitting. Exclude mobile phones.
Fuel provided by employer for private use:*		Yes      No
Income tax bracket:*		20%     40%
Current gross salary per annum*	£
Proposed gross salary car allowance per month*	£
Pension contribution on car allowance (if applicable)*	%
NB: Some car allowance schemes specifically exclude pension contributions. If in doubt please check with your employer.
		Calculate