Electric Car Pre Tax via your salary using BIK video.

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2 May, 20206 yr

44 minutes ago, Roottootemblowinootsoot said:

Quote

There has been a decline in the number of company cars ie perhaps only now about 800k a year, as giving a car allowance I think is more popular now. Perhaps the 0% BIK might revive this somewhat, would suit me and be tax efficient for the company, either a Model 3 or the PSA or perhaps the IDs variants when they come out.

https://www.fleetnews.co.uk/news/fleet-industry-news/2019/06/27/hmrc-bik-statics-suggest-dramatic-company-car-decline

Certainly presently losing 40% of ones car allowance in PAYE tax is not a great scheme.

Edited 2 May, 20206 yr by lol-lol

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