Company car tax rules changes pave way for EV market boost

Cecilia Keating
clock • 2 min read

Reforms to Business in Kind tax rate for electric cars will further enhance the financial case for switching company cars to electric models from today

Company car drivers opting for electric vehicles (EVs) have been relieved from monthly benefit-in-kind (BiK) tax payments for 12 months as of today in a rule change expected to spur a sizeable boost to...

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

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'Best year ever': Polestar reports EV sales accelerated in 2025

'Best year ever': Polestar reports EV sales accelerated in 2025

Luxury EV maker increased its global retail sales by over a third last year

Stuart Stone
clock 13 January 2026 • 3 min read
AA and Autotrader confirm EVs are easier to fix than petrol and diesel models

AA and Autotrader confirm EVs are easier to fix than petrol and diesel models

New AA data shows EVs enjoy a higher roadside repair rate than internal combustion engine cars

James Murray
clock 12 January 2026 • 3 min read
'Maturing segment': Used EVs selling five days faster on average than petrol and diesel models

'Maturing segment': Used EVs selling five days faster on average than petrol and diesel models

Used EVs sales increase by 52 per cent year-on-year, new Autotrader data reveals

Stuart Stone
clock 09 January 2026 • 3 min read