Electric Car Benefit In Kind 2024/25

Electric Car Benefit In Kind 2024/25. What is electric car benefit in kind (bik)? If you have a company electric car,.


Electric Car Benefit In Kind 2024/25

For all fully electric cars on sale, the bik rate is just 2% during the 2022/23 tax year at which it will remain during 2023/24. The government set the benefit in kind (bik) rate for each vehicle class depending on how much co2 a vehicle produces.

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