February 29, 2020 at 9:07 pm
#108031
@Spartacus 38
“It is now classed as a company car so you will be taxed accordingly.”
If you get an EV as a company car there are some real incentives from the 20/21 tax year onwards. The Bik rates are :
2020/21 0%
2021/22 1%
2022/23 2%
A relative has a Mazda CX5 2.0 petrol which costs him £325 a month in tax. If he changes to an EV it’s £0 a month year 1, £13 year 2 and £26 year 3. Some difference!!