Benefit-in-Kind Calculator
Company car and medical insurance BIK using current Revenue rules (2026).
Company car
Cash equivalent = (OMV − reductions) × business-km rate.
€
km
€35,000 extra OMV relief (Category A only)
Car BIK result
Adjusted OMV
€0
Business-km rate
22.50%
Annual cash equivalent
€0
This amount is added to your gross pay and taxed at your marginal rate (income tax + USC + PRSI).
Medical insurance (optional)
If your employer pays your health insurance, the grossed-up premium is a BIK.
€
Gross BIK added
Net premium ÷ 0.8 (relief at source)
€0
Impact on take-home
Based on your saved salary of €45,000. Update in the Salary Calculator.
Total BIK added
€0
Extra tax on BIK
€0
Annual net impact
+€0
For general information only. Not financial, tax, or legal advice — always verify with Revenue.ie or a qualified tax advisor.