Benefit In Kind On Electric Cars 2024/25. This means you can make considerable tax savings when choosing an ultra low. The government currently have the bik rate set at 2% of the vehicle value for the 2022/23 tax year for electric cars as they produce 0 g/km of co2.


Benefit In Kind On Electric Cars 2024/25

The government currently have the bik rate set at 2% of the vehicle value for the 2022/23 tax year for electric cars as they produce 0 g/km of co2. Use the co2 emissions ready reckoners to work out the percentage benefit for petrol powered and hybrid powered company cars.

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