PressClub United Kingdom · Article.
BMW ready to support corporate customers with 6 April BIK switch to WLTP data.
Mon Feb 10 09:54:35 CET 2020 Press Release
• WLTP CO2 data available for the entire BMW range • Transparent data includes BIK rates for every model • Information enables corporate customers to calculate their tax liability on any new BMW • Award-winning BMW 3 Series 330e plug-in hybrid confirmed at 10 per cent BIK
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Chris Overall
BMW Group
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• WLTP CO2 data available for the entire BMW range
• Transparent
data includes BIK rates for every model
• Information enables
corporate customers to calculate their tax liability on any new BMW
• Award-winning BMW 3 Series 330e plug-in hybrid confirmed at 10
per cent BIK
BMW UK is ready for the industry-wide change to benefit in kind (BIK) for company cars registered from 6 April 2020, when BIK calculations will move from using NEDC CO2 data to WLTP CO2 data. The proactive approach adopted by BMW gives business customers full visibility of the resulting BIK percentage rates that will be applicable moving forward.
The data ensures that company car drivers can now order any BMW or MINI with the reassurance of knowing how it will impact their tax liability for the next tax year, plus subsequent 2021/2022 and 2022/23 tax years.
All customers can see this data themselves by configuring their vehicle of choice on www.bmw.co.uk, with both NEDC and WLTP emissions information visible during specification process.
Rob East, General Manager of Corporate Sales at BMW UK, said: “With the BIK tax liability a key consideration for many company car drivers when choosing a new vehicle, it’s imperative that we provide our customers with this information. This transparency allows them quickly to make an informed decision as to whether their favoured BMW works for them from a tax point of view. Without WLTP details, they simply have no way of knowing.”
He added: “Ensuring the easy availability of these details underlines our drive to make it as straightforward as possible for business customers to purchase a new BMW. It also reflects the increased level of interest that there is in our key corporate models such as the new 1 Series and new 3 Series.”
The proactive approach adopted by BMW to this industry-wide change coincides with key corporate models winning numerous awards.
The 330e hybrid, with an all-electric range of up to 36 miles and BIK confirmed at 10 per cent, was recently named Best Plug-in Hybrid Car and Best Executive Car at the What Car? Awards 2020. The 3 Series also won the Safety Award, with the 5 Series taking the title of Best Luxury Car. The 1 Series, 3 Series and 5 Series were all category winners in the Company Car Today CCT100 Awards, including the 3 Series taking home the ultimate CCT100 Car of the Year Award.
There was more success at the Fleet World Great British Fleet Awards, with BMW winning Fleet Manufacturer of the Year and category wins for the 1 Series and 3 Series.
WLTP information for key BMW Group corporate models.
Key Corporate Models | Registered before 6 April 2020 (NEDCc) | Registered from 6 April 2020 (WLTP) | |||
CO2* | BIK % | CO2* | BIK % | Fuel consumption (combined)* | |
BMW 1 Series 116d SE 5dr | 100 g/km | 24% | 119 - 124 g/km | 27 − 26% | 62.8 - 60.1 mpg |
BMW 1 Series 118i M Sport 5dr | 121 g/km | 28% | 139 - 151 g/km | 33 − 30% | 46.3 - 42.8 mpg |
BMW 3 Series Saloon 320d M Sport MHT | 107 g/km | 25% | 127 - 132 g/km | 29 − 28% | 58.9 - 56.5 mpg |
BMW 3 Series Touring 320d M Sport MHT | 112 g/km | 26% | 139 - 144 g/km | 30 − 29% | 55.4 - 53.3 mpg |
BMW 5 Series Saloon 520d M Sport MHT | 108 g/km | 29% | 131 - 150 g/km | 37 − 33% | 56.5 - 49.6 mpg |
MINI 5-door Hatch Cooper Classic | 117 g/km | 27% | 143 - 146 g/km | 32 − 31% | 47.9 - 44.1 mpg |
Key Corporate Models -PHEV and BEV | Registered before 6 April 2020 (NEDCc) | Registered from 6 April 2020 (WLTP) | |||||
CO2* | BIK % | Electric Range* | CO2* | BIK % | Electric Range* | Fuel consumption (combined)* | |
MINI Countryman Plug-in Hybrid Classic | 43 g/km | 16% | 35 miles | 40 - 45 g/km | 10 − 10% | 32 – 35 miles | 156.9 − 141.2 mpg |
BMW 3 Series Saloon 330e M Sport | 37 g/km | 16% | 41 miles | 32 - 37 g/km | 10 − 10% | 34 − 36 miles | 201.8 - 176.6 mpg |
BMW X3 30e M Sport | 49 g/km | 16% | 34 miles | 50 - 53 g/km | 13 − 12% | 27 – 27 miles | 128.4 - 117.7 mpg |
BMW X5 45e M Sport | 41 g/km | 16% | 54 miles | 27 - 33 g/km | 6% −6% | 49 − 54 miles | 235.4 - 188.3 mpg |
BMW 5 Series Saloon 530e M Sport | 38 g/km | 16% | 37 miles | 38 - 44 g/km | 12% −10% | 29 − 32 miles | 166.2 - 148.7 mpg |
i3 120Ah | 0 g/km | 16% | 223 miles | 0 g/km | 0% | 182 − 188 miles |
Ends
*Fuel consumption, CO2 emission figures and power consumption were measured using the methods required according to Regulation (EC) 2007/715 as amended. The figures are calculated using a vehicle fitted with basic equipment in Germany, the ranges stated take into account differences in selected wheel and tyre sizes as well as the optional equipment. They may change during configuration.
The figures have already been calculated based on the new WLTP
test cycle and adapted to NEDC for comparison purposes. In these
vehicles, different figures than those published here may apply for
the assessment of taxes and other vehicle-related duties which are
(also) based on CO2 emissions.
For further details of the official fuel consumption figures and
official specific CO2 emissions of new cars, please refer to the
"Manual on fuel consumption, CO2 emissions and power consumption
of new cars", available free of charge at all sales outlets, from
Deutsche Automobil Treuhand GmbH (DAT), Hellmuth-Hirth-Str. 1,
73760Ostfildern-Scharnhausen and at https://www.dat.de/co2/.
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.
In 2019, the BMW Group sold over 2,520,000 passenger vehicles
and more than 175,000 motorcycles worldwide. The profit before tax in
the financial year 2018 was € 9.815 billion on revenues amounting to
€ 97.480 billion. As of 31 December 2018, the BMW Group had a
workforce of 134,682 employees.
The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy.
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For further information please contact:
Helen Wilson
BMW Group Media Relations Executive
Tel: 07815
372 480
Email: Helen.Wilson@bmw.co.uk
Chris Overall
BMW Media Relations Manager
Tel: 07815 370
990
Email: Chris.Overall@bmw.co.uk
Emma Begley
General Manager, Communications
Tel: 07815
371 062
Email: Emma.Begley@bmw.co.uk
Graham Biggs
Corporate Communications Director
Tel: 07815
376 867
Email: Graham.Biggs@bmw.co.uk