electric company car incentives uk

In April 2021 the UK Government introduced new benefit-in-kind BIK tax rates for the tax year 202122. Electric car technology is rapidly evolving so an electric car lease deal is a great idea to get behind the wheel without having to deal with a depreciating asset.


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The Kia Electric and Hybrid Range.

. Our Electric and Hybrid vehicles can help you save money and reduce your carbon footprint all without compromising on style and practicality. This means company car drivers of 100 electric vehicles pay 1 BIK. Tax incentives grants and lower running costs are all helping to make electric motoring as cost-effective as the traditional petrol and diesel alternatives.

Our extended range of Electric and Hybrid cars means we have a Kia vehicle to suit every type of drive. The C40 will feature a range of 275 miles. The Fleet News car tax calculator enables you to calculate the company car tax costs for both the employer and the employee.

The companys latest electric model is the C40 a fastback-roofed version of the XC40 with deliveries due to begin in the UK early in 2022. By using the drop down menus you. You pay the cost of depreciation during your contract hand the car back at the end of the contract and get another brand new car with the latest technology.

Given the current European energy mix an electric car needs to drive 70000 kilometres to compensate for the carbon footprint of manufacturing the battery and to start catching up with a light. Lease your dream Electric Car. More and more customers are choosing to lease a brand new electric car.

Live richer with 1 BIK for electric company-car drivers. Volvos next pure-electric model is expected to be a smaller crossover than the XC40 and share underpinnings with another small SUV from Geely stablemate. Electric car use by country varies worldwide as the adoption of plug-in electric vehicles is affected by consumer demand market prices availability of charging infrastructure and government policies such as purchase incentives and long term regulatory signals ZEV mandates CO 2 emissions regulations fuel economy standards and phase-out of internal.

Weve worked this out as an average saving of 3521 in the first year.


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