Drivers of company cars who opt to go electric will pay no benefit-in-kind (BiK) tax from next week, marking a dramatic drop from the 16 per cent rate in place today
The government's new company car tax regime has the potential to spur a boom in electric vehicle (EV) sales, once the industry weathers a supply crunch that is being further exacerbated by the coronavirus...
To continue reading this article...
Join BusinessGreen
In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
- Receive important and breaking news stories via our daily news alert
- Our weekly newsletter with the best of the week’s green business news and analysis
