Tax bands run from 2% to 37% for the current 2024-25 tax year. Slightly different rates apply depending on whether the car was registered before or after 6 April 2020. (That's the date official CO2 output moved from the old NEDC test figures to the tougher WLTP protocol.) So, if your...
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BERLIN, Aug. 1 (Xinhua) -- The German government will grant tax relief for electric or hybrid company cars, as the cabinet decided on a large scale subsidy on Wednesday. In the past, employees who drive company cars privately had to file a monetary benefit of 1 percent of the car's of...
Kia Electric company cars attract a Benefit in Kind tax of just 2% until 2025, offering substantial savings potential over a three-year cycle. Meanwhile, the range of Plug-in Hybrid and Hybrid Electric provide notable savings on company car tax, crucial for business car buyers. ...
How Do I Avoid Paying Tax On A Company Car? You can’t avoid it totally but you can considerably reduce your company car tax bill by choosing either a plug-in hybrid (PHEV) or an electric vehicle. This is because company car tax, otherwise known as benefit-in-kind or BIK, is calcula...
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.
If you want an SUV as your next fleet car, we can help you narrow down your options with this run-down of the 10 best SUV company cars in 2024 – including plenty of tax-efficient all-electric models
The article offers information on the rise in demand of company cars, a vehicle owned by company and employees use it for personal or business purposes, despite increasing tax duties. It mentions that the tax and other legislation that are covered under company cares must be in knowledge of ...
What tax benefits do electric car lease deals offer businesses? We explore the corporate perks of EV leasing. Explore More What Is High Beam Assist? All You Need to Know 11th October 2024 Learn more about Kia’s High Beam Assist and how it makes driving in the dark safer and easier...
More on that in a bit. First, the positive. Gartner reckons that the batteries – the most expensive and heaviest component of EVs –are getting cheaper to produce, but that car makers are also concurrently changing the way they make other car parts....