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Pros and cons of electric company cars

28.07.2021

Business

Employers familiar with the benefit-in-kind tax rules will be aware the tax impact on the employee is much lower for those that choose lower emission cars.


From 6 April 2020, new benefit-in-kind percentage bands were introduced which took into account very low-emission cars and electric cars, favouring full electric cars more.

 

With factors such as climate change, our health, and potential tax-free incentives to consider -should employers shift towards greener vehicles?

 

Pros and cons of electric company cars

 

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