Business Car’s Post

Company car sales are on the up 🚗🔋 It’s astonishing how quickly the change has been: today’s data shows nearly a third (29%) of company car drivers are in zero emission electric cars; yet just seven years ago, the majority (80%) were driving diesel-powered company vehicles. ⚡ And the number of EV drivers is forecast to grow as more drivers seize the opportunity for the sizeable tax savings available on electric vehicles (EVs), along with the wider environmental benefits of zero emission motoring. 🌍 There are now 760,000 people paying benefit in kind company car tax (tax year 2022/23), compared with 720,000 the previous year. 👇 More in the link below. 💡🚘 https://lnkd.in/ePv-Pqfm #EVRevolution #TaxSavings #SustainableDriving #CompanyCars #ElectricVehicles #GreenFleet

Embrace electric and wave goodbye to higher taxes, company car and salary sacrifice drivers! 🚗⚡ #FleetAllianceElectric   With over a million electric vehicles cruising our streets, it's time they contribute. But the cost is just a fraction compared to traditional fuel cars. Dive into how EVs transform your BiK taxes below. 👇 #benefitinkind #electriccars #evs #companycar #salarysacrifice 

Australia’s hybrid car sales soared 76% in 2024, yet the government is ending tax breaks for plug-in hybrids on April 1. The Motor Trades Association of Australia is concerned this move could stall progress on cleaner transport. Speaking with The Sydney Morning Herald, our CEO Matthew Hobbs said: 💬 “The real shame with plug-in hybrids is we’ve got this great policy at the moment … But that gets grandfathered on the first of April and it’s not being extended. The shame about that is the good plug-ins are starting to arrive just as the policy turns into a pumpkin.” We urge the government to extend financial incentives and capitalise on the growing popularity of plug-in hybrids. Do you think plug-in hybrids should keep the tax break? Share your thoughts! #EVs #Hybrids #PHEVs #MTAA https://lnkd.in/gMNiCk_5

If you’re a driver of a plug-in hybrid, and are considering having another one as your next company car, have you considered how the future benefit in kind tax changes will impact you? The changes made in the Autumn budget were financially punitive for drivers of PHEVs and these cars are also facing a more rigorous new emission test known as Euro 6e-bis. Read the full article: https://lnkd.in/egZx8hzR #electricvehicles #electricandhybridvehicles #contracthire #salarysacrifice #fleetmanagement

🚨2030 is officially back!🚨 Fantastic to see the Government highlighting the importance of the electric vehicle transition in the budget today, and even better to see the 2030 date return in black and white. Aligning the ZEV Mandate with the ban on sales of new ICE vehicles aligns consumers and the industry towards a common date which can only be a good thing. Other highlights include: 🤝Maintaining the existing salary sacrifice and BIK incentives to support the new electric car market 💸Clarity around the VED rates coming in next year for each fuel type ⚡£120 million to support the plug-in vehicle grant scheme to support the electric van transition Ian Plummer, Commercial Director said: "Big news in the electric transition as we finally get official confirmation that the 2030 ban on new ICE vehicle sales returns after being pushed back by the former Government. This, alongside maintaining existing incentives and introducing preferential VED rates for electric cars, will have a positive impact on the electric transition - but given the scale of the challenge, there's still more we all need to do to help boost consumer confidence in making the switch." For more on the Autumn Budget 2024👇 #EV | #Autotrader

🚗 Company car tax changes are on their way. Higher costs for EVs, hybrids, and traditional vehicles mean it’s time to rethink your fleet strategy. How can you plan ahead and stay efficient? Read more: https://bit.ly/3ZBz6SW #TaxPlanning #BusinessTax #CompanyCars

Electric Vehicles – Tax benefits and incentives for all legal entities! ⚡ If your company is thinking to buy an electric vehicle (personal or commercial) don’t miss the Peugeot’s opportunity with exceptional financial benefits. 💡 What's new? Now all legal entities, regardless of their activity, can apply for a government financial incentive when purchasing an electric vehicle. The incentives can be up to 7.200 EUR (depending on the value of the vehicle). 🚘And that's not all: • In addition to the incentives, legal entities can also deduct VAT, which means an additional reduction in costs. • Electric vehicles are a long-term economical and sustainable choice for any company. One of the great examples is the Peugeot E-208, which you can get for 17.497 EUR! The price includes savings and eco-incentive available for electric vehicles under current legislation. Thinking about switching to electricity? The end of the year is the perfect moment for a smart investment that brings savings and supports sustainable goals. Check and don't miss the opportunity! Together we will find a solution that will suit your company. Find more info on https://lnkd.in/e5nSNsrQ #electricvehiclespeugeot #mobility #businessopportunity

Calling All Businesses and Company Car Users: Important Cost-Saving Information Attention all fleet managers and company car drivers! Starting from 1 April 2025, significant changes are coming to vehicle tax for Electric and Hybrid vehicles. 🔹 What You Need to Know: From this date, drivers of Electric and Hybrid vehicles will be required to pay vehicle tax similar to petrol and diesel drivers. If your Electric vehicle has a list price exceeding £40,000, get ready for the expensive car supplement starting with your second tax payment. This applies to vehicles registered on or after 1 April 2025. 📅 Why Act Now? Now more than ever, it's crucial to consider taking delivery of your new vehicle before 31st March 2025 to avoid these added costs 💡 For tailored quotes, inquiries about Audi availability, and guidance on optimising your fleet's spending contact via email [email protected] or 07974 404 625 #ElectricVehicles #HybridVehicles #CostSavings #FleetManagement #Audi #CompanyCar #TaxChanges #Sustainability #BusinessFleet #AudiBasingstoke #AudiFarnborough #AudiGuidlford #LookersVehicleSolutions

🚗 Company car tax changes are on their way. Higher costs for EVs, hybrids, and traditional vehicles mean it’s time to rethink your fleet strategy. How can you plan ahead and stay efficient? Read more: https://bit.ly/3Dvonlu #TaxPlanning #BusinessTax #CompanyCars