Benefit In Kind On Electric Cars 2024/25. โ the complete guide to benefit in kind, sometimes referred to as electric company car tax, covering what a company and employee need to contribute and how it is calculated. Benefit in kind (bik) taxation is lower on electric cars than it is on hybrids, and is massively lower than petrol and diesel cars.
If you have a company electric car, understanding. โ use the co2 emissions ready reckoners to work out the percentage benefit for petrol powered and hybrid powered company cars.
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