BIK

Electric cars on charge

Stricter emissions testing for PHEVs

Jan 03, 2025Comments off

The automotive industry is undergoing significant regulatory changes aimed at achieving more accurate real-world emissions data. As of January 1, 2025, the Euro 6e-bis emissions

Ford Ranger Double Cab

New taxation rules for Double Cab Pickup ve...

Nov 01, 2024Comments off

In the recent budget announcement on 30th October, a significant change was introduced to the taxation of double cab pickup vehicles (DCPU). These vehicles, which

Man completing paperwork

Extended BiK tables should be a priority fo...

Jun 14, 2024Comments off

Announcing extended company car benefit in kind taxation tables should be “among first fleet jobs” for the new government, says the Association of Fleet Professionals

Electric company car leasing is on the rise...

Oct 27, 2020Comments off

Electric company car leasing is growing exponentially in the UK since the government announced 0% Benefit-in-Kind tax for employees making the switch to electric company

Electric vehicle leasing booms by 91%

Oct 07, 2020Comments off

Salary sacrifice schemes saving EV drivers on average between 30-40% on monthly leasing costs since 0% Benefit in Kind tax incentive for EVs was introduced

Half of HR bosses unaware of benefit saving...

Aug 31, 2020Comments off

New research from vehicle leasing experts, LeasePlan UK, reveals that despite the majority (62%) of HR bosses and senior business leaders being challenged to reduce the

1.56bn business mileage increase highlights...

Aug 18, 2020Comments off

Business mileage amongst UK businesses continued to grow steadily during July, but at a slower rate in comparison to June, according to customer data analysis

Coronavirus: HMRC publishes new official co...

May 11, 2020Comments off

HMRC has issued guidance to fleets on how to treat benefit-in-kind (BIK) tax and company car expenses during the coronavirus pandemic. The new HMRC advice aims

New study highlights increased costs from W...

Apr 01, 2020Comments off

The average petrol, diesel or hybrid car has seen a 19.7% increase in CO2 under WLTP and BiK increases of £714 a year, while VED

Company Car Tax: New rates, new savings…a...

Mar 31, 2020Comments off

The way company car tax is calculated changes from 6 April 2020. For drivers of zero and some ultra-low emissions company cars there are very