Benefit in Kind Tax (UK) for Electric car is 0%
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Posted inElectric Vehicles
Good news to those who get car sponsored from their employer in UK. Benefit in Kind (BiK) tax was set to 0% for Electric cars from April 2020. This rate would then increase to 1% for 2021/22 and 2% for 2022/23 for vehicles registered after 6th April 2020. But…