Because of this perk, scheme users must pay a “benefit in kind”, or BIK, charge. Petrol or diesel cars face a BIK level of as high as 37 per cent but the UK government has set the BIK level for electric cars at just 2 per cent, in effect giving a tax cut on electric vehicles.
Original Image Link
Source:www.ft.com
Original Image Link
Source:www.ft.com
Posted: 2024-05-12 08:00:00