News Tag: Vehicle Tax

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 »