Bik For Electric Vehicles. They also have private use of a vehicle that. As around 50% of new cars are obtained by companies, bik represents a very potent lever.
When going fully electric, this is reduced down to 1% for 2021 and 2% from 2022 to 2025. Kerala offers a 50% discount on road tax for electric vehicles for the first five years.
Hybrid Company Car Drivers Will Also Benefit From Zero Bik Tax From April 6 2020, Rising To One Per Cent And Two Per Cent In Subsequent Years.
For 2023 and 2024, the lower limit in the highest.
When Going Fully Electric, This Is Reduced Down To 1% For 2021 And 2% From 2022 To 2025.
There are 53 electric bikes/motorcycles currently on sale from various manufacturers like ather, ola, tvs and many more starting from rs 61,500.
The Taxable Value Of The Benefit.
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If You Choose To Salary Sacrifice The Mg4 Long Range 64Kwh, Your Monthly Cost Will Be ยฃ440.
The rate for the 2021/2022 tax year is just 1% for electric cars, and it is.
Reduced Omv For The Purposes Of Bik.
For 2023/2024 and 2024/2025 financial years bik on.