News Tag: bik

Negative BIK equals Positive news for EV company car drivers

Company car drivers choosing a pure electric vehicle will pay no benefit-in-kind (BIK) tax in 2020/21 but with infrastructure still in its infancy, is now the right time to move your business into Electric Vehicles? News that HM Treasury has scrapped previously published BIK rates for 2020/21 has given EV company car drivers some very… Read more »

Post-Budget Response from the BVRLA

SMC joined over 250 members of the BVRLA for their live webinar: 2018 Budget: What does it mean for our industry?  Last month Chancellor Philip Hammond delivered the budget to Parliament, taking place on Monday 29 October 2018. With many annoucements, SMC joined over 250 members of The British Vehicle Rental and Leasing Association to… Read more »