Benefit In Kind On Electric Cars 2024/25

Benefit In Kind On Electric Cars 2024/25. The lower tax rates for electric vehicles in the tax years 2023/24 and 2024/25 make driving electric even more appealing. Electric cars favourable benefit in kind rates.

Electric cars do continue to offer benefits to those who use them as a company car thanks to a lower rate set by the government, but what does choosing an electric car mean for. Based on the current rates, vehicles that emit 92g/km co 2 attract a benefit in kind charge of 23%.