HM Treasury calculates how much benefit they receive, based on a percentage (BiK rate) of the car’s “P11D” value (see below), compared to just receiving an equivalent amount in pre-income tax pay. The government can set BiK rates to encourage employers and company car drivers to choose...
Also, car owners transferring car pink slips in states that offer exemption from the sales tax to new residents, such as New York, may not be required to pay all applicable costs. To successfully finalize the transfer of certificate of title when moving to another state, applicants will ...
Drive a brand new zero-emissions EV with an affordable monthly rental. You'll also have no vehicle tax, low maintenance costs, and a choice of free parking in many convenient locations. Lease an EV Electric car battery recycling Many manufacturers are researching how EV batteries can be repurpo...
If you buy a car via your own limited company, there are several tax considerations to consider. Read our no-nonsense guide to work out the real cost.
The Puerto Rico excise tax, known locally as “arbitrios,” is a tax imposed on vehicles imported to the island. This tax is not paid to your shipping provider but directly to the Puerto Rican government. This tax system functions as an important revenue source for the island. The excise ...
To help with the upfront costs of buying an electric vehicle and installing a home charging point, there are a few different government grants available. Learn more about grants and schemes Electric car road tax costs Now that "road tax", or to give it it's official name, Vehicle Excise...
The article reports on the move of the government to explain in detail how changes to the capital allowance regime for business fleets will take effect in Great Britain. It states that the changes will be effective on starting...
A surge in sales of electric vehicles in the final months of last year could continue well into 2025, as consumers continue to take advantage of federal tax incentives while they last., Nick Godt January 25 Tesla reveals U.S. rollout date for its redesigned Model Y Tesla has revealed ...
Dealership fees. State, county and/or local sales tax. Title transfer fees. Registration fees.
When the vehicle is less than 15 years old however it has been utilised for at least 8 years then the government shall levy a 10% to 25% green tax and renew the fitness certificate. Two policies can complicate vehicle ownership for companies: either your vehicle faces scrapping or you’ll...