As the UK pushes towards a greener future, the Benefit in Kind (BiK) rates for electric cars have become a hot topic for company car drivers and fleet managers alike.
When it comes to EV charging , there is a saving to be made for companies using electric cars. Firstly, company electric car tax does not include fuel duty, as it normally would for petrol or diesel cars, because electricity isn’t classed as fuel. For individuals, EVs also bring the...
In November's budget, the government announced that customers buying new diesel cars will face a one-off tax increase in April, unless the vehicles meet a higher standard on emissions. Company car tax for diesels was also increased. London has already introduced a higher congestion charge for ...
Tax credits for buying electric vehicles directly subsidize the purchases and will result in little or no reduction in the total gasoline use and greenhouse gas emissions of all U.S. cars collectively over the next several years, according to a Congressional Budget Office analysis released June 24...
For cars registered before April 2020, tax rates are still determined from figures based on the outdated NEDC testing procedure. * For more information on "WLTP", "NEDC" and more, please visit our Electric Vehicle Dictionary.Tip: The electric range mentioned in the 1-50 g/km column below...
, before she can legally drive it on public roads. Each year afterward, the driver will receive a renewal notification, requiring her to pay the fee again to drive the car for another year. When drivers sell their cars and transfer the title, the new owner is responsible for the tax....
China will exempt electric-car buyers from purchase taxes as part of expanded State measures to boost sales of the vehicles, an executive meeting of the State Council said on Wednesday. From Sept 1 to the end of 2017, the government will waive the auto-purchase tax for new-energy vehicles,...
According to a report, Tesla is avoiding the infamous "Apple Tax" of 30 percent on In App purchases July 17, 2023 at 20:40 TECH Porsche And Apple Make CarPlay Smarter With Improved Integration On the facelifted Cayenne, iPhone owners will be able to control a number of vehicle settings ...
We've gathered every new EV that's currently eligible to earn either the partial $3750 or the full $7500 federal tax credit.
Overall EU-US trade relations have warmed under Biden. The long-running dispute over subsidies for aircraft makers Airbus and Boeing was parked. A deal was struck on a global minimum tax, leading European governments to drop their digital taxes on US tech groups. And the US suspended Section ...