Increasing energy prices: Low BiK rates more important than ever

High energy prices are pushing the running costs for EVs up, so the BVRLA is reinforcing its #SeeTheBenefit campaign that is calling for company car tax rates to remain low.

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Urging the incoming Chancellor to support the uptake of electric cars, the #SeeTheBenefit campaign has been highlighting the success of the tax regime to date. With surging electricity prices, the importance of tax incentives is greater than ever. With consumer and business confidence falling, employers and employees need foresight of Benefit-in-Kind rates for electric cars beyond 2024/25.

To support its campaign through the Autumn and in the run up to the Budget, the BVRLA is seeking case studies of how rising costs are impacting the uptake of EVs.

Contact [email protected] if you would like to get involved with the campaign or to share any case studies.