Currently reading: Electric car users to pay no company car tax in 2020

Government review sees changes to 2020 benefit in kind ratings to boost low and zero emission vehicles

Changes to the UK’s company car tax system will mean drivers choosing a pure electric car pay no benefit-in-kind charges from next year.

After a review of the industry changes brought about by the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP) emissions regulations, the Treasury has axed its previously published rates in favour of a new system.

It will mean that, for cars registered from April 6th next year, most benefit-in-kind rates will be reduced by two percentage points over the current system. For EVs, that means a zero percentage rate, which is also extended to vehicles registered prior to April 6th. 

That figure will also apply to hybrids and plug-in hybrids that are capable of 130 miles or more of pure electric range, with official CO2 emissions of between 1-50g/km - although no such models currently exist in the UK market.

However, the free ride won’t last long for EV users. Current plans are for the 0% rate to increase to 1% by 2021/22 and 2% in 2022/23, although the government says they “remain under review”.

In a statement the government claims the new figures will give businesses “the ability to make more informed decisions about how they make the transition to zero-emission fleets”.

Read more:

Smart charging could lead to an electric vehicle fuel tax

Top 10 best electric cars 2019

Company car tax: what you need to know

Join the debate

Comments
6
Add a comment…
sayaerwin 5 November 2020

comment

I am going to about buying an electric car.

 

toto212 8 October 2019

Agen Judi Online Terpercaya

BANDAR TOGEL ONLINE DAN SITUS JUDI CASINO ONLINE TERPERCAYATogel212 adalah Bandar Togel Online Terpercaya yang menyediakan berbagai macam permainan terbaik dan terlengkap seperti Togel SGP, Togel HKG, Togel Sydney dan Magnum4D. Togel212 juga merupakan Situs Judi Casino Online Terpercaya dengan berbagai games Live Casino favorit seperti baccarat, roulette, blackjack dan sebagainya dengan real time streaming yang cepat.

BANDAR BOLA TERBESAR DAN TERPERCAYA DI INDONESIATogel212 merupakan Agen Judi Bola dan Bandar Judi Online terbesar dan terpercaya di Indonesia dengan pasaran terbaik. Togel212 juga menyediakan tiga pilihan sportsbook terbaik dengan taruhan terlengkap bagi setiap member kami. Togel212 juga merupakan Agen Sbobet terbesar yang sudah beroperasi lebih dari sepuluh tahun.

AGEN SABUNG AYAM DAN AGEN POKER & DOMINO99 DENGAN KARTU TERBAIKTogel212 juga merupakan Agen Sabung Ayam Terpercaya dengan berbagai jenis permianan ayam seperti S128 dan SV388 di dengan berbagai pilihan arena. Dan sebagai pelengkap Togel212 yang merupakan Agen Poker & Domino99 terpercaya di Indonesia juga menyediakan permainan Dewa Poker yang sudah memiliki banyak peminat di Indonesia.

 

 

Jacqueline Johnson 3 September 2019

The car companies making the

The car companies making the best cars for the public and these are pretty popular because of advanced features. The information on https://telstraeduaustralia.com/hirewriters-review/ about the car company tax update for next year would be thoughtful. Thank you for coming up with such delighted updated news these would be really great.