Businesses can also benefit from the many advantages of electric leasing.

2% Benefit In Kind (BiK) tax

All company car drivers pay Benefit in Kind (BiK) tax. The rate payable depends on your vehicle’s emissions. Currently, electric cars sit in the 2% tax bracket, as they have zero emissions, so you’ll only incur low Benefit in Kind tax charges if you choose a green vehicle lease deal.

No Road Tax

Road tax, or as it’s otherwise known, Vehicle Excise Duty (VED), can be a costly expense for company car drivers. However, the road tax rate you pay is based on emissions. So the benefit of choosing an electric car is that they’re exempt from this cost.

Business Grants

To help your business make the switch to an electric fleet, eligible companies can apply for the Workplace Charging Scheme. This government grant covers the cost of purchasing and installing up to 40 EV charge points at your premises. With more access to electric charge points, employees and fleet drivers can benefit from greener driving.

Make Your Business Eco-Friendlier

With lower running costs, less maintenance and EV charge point grants available, making your business more eco-conscious couldn’t be easier. There are numerous benefits from tax savings, affordable monthly payments and no depreciation costs. Plus, you have a choice of stylish and comfortable models suitable for business needs.