Revenue BIK Rules Change Today

Where an employee kept personal use of a company car during the Covid-19 pandemic and business mileage was limited or reduced, employers were permitted to calculate the BIK based on the business mileage undertaken by the employee in January 2020.

This concession applied during 2020 and 2021. For 2022, the concession only applies for the period of time during which public health guidance requires employees to work from home.

As the public health guidance to work from home was removed on 24 January 2022, Revenue previously advised that BIK on company cars should be calculated in the normal manner since that date, regardless of whether the employee returns to the office or continues to work remotely. Revenue has recently updated its guidelines to state that these concessionary measures on company cars will cease to apply from 1st June 2022.

Source: Revenue Commisioners (May 2022)