Benefit In Kind On Electric Cars 2024/24

Benefit In Kind On Electric Cars 2024/24.  — according to euromonitor’s mobility forecasts, 25% of all new passenger car registrations are forecast to be electric in 2024, exceeding 17 million units in sales globally. The bik tax depends on your electric vehicle and the rates tend to change each tax year.


Benefit In Kind On Electric Cars 2024/24

The bik tax depends on your electric vehicle and the rates tend to change each tax year. Benefit in kind on electric cars 2024/25.if an employee can get a fully electric car, they will still pay income tax on the benefit in kind, but this is calculated at the very low rate of only 2% of list price for the 2023/24 and 2024/25 tax year.

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