Company Car Tax On Electric Cars. For comparison, even the most efficient petrol. For the 2021/22 tax year, where the car is 100% electric, the bik charge is just 1% of the list price of the car.
We therefore expressly welcome the extension of the subsidy for electric vehicles until 2030, introduced at the end of 2019 with the act on further tax incentives for electric. This rises to 2% for each of the next three tax years.
If The Car Is A.
Co2 g/km electric range (miles)
The Government Has Also Announced The Continuation Of Incentives For Electric Vehicles Through Company Car Tax, Which Will Likely Continue To Be Effective In.
List price of the car x 2% (current bik rate for electric cars) x 13.8% (employers national insurance rate).
How Much Is Company Car Tax On Electric Cars?
Images References :
Benefit In Kind, Or Company Car Tax, Is Currently Frozen At 2%, For Employees Until 2025.
However, electric cars are now causing companies and employees to reconsider their position on company cars and fleets.
Electric Car Company Car Tax Rules Provide Several Tax Benefits Over Petrol Or Diesel Cars:
The rate of aer was increased from 4p per mile to 5p per mile from december 2021, announced in the fourth quarterly advisory fuel rates for 2021.
List Price Of The Car X 2% (Current Bik Rate For Electric Cars) X 13.8% (Employers National Insurance Rate).
