Mr Electric

BIK TAX RATES

Electric vehicle charge points for company car drivers This week, the Government announced that company car drivers choosing pure electric vehicles will pay no benefit-in-kind (BIK) tax at all for 2020/2021 – news which is likely to accelerate electric company car use even more. This news, along with the other almost daily developments that will…

ZERO RATE BIK FOR COMPANY CAR OWNERS

The Government says that company car drivers choosing a pure electric vehicle will pay no benefit-in-kind (BIK) tax in 2020/21. In its long-awaited response to its review of WLTP and vehicle taxes, HM Treasury has binned the previously published BIK rates for 2020/21. Instead it has created two new BIK tables for company car drivers; a…