If you’re a company car driver, you’ve probably heard the whispers: get an electric car now before the tax rates go up in April 2026. But is this deadline panic justified, or are EVs still going to be the smart choice even with higher benefit-in-kind (BIK) rates? Let me walk you through the actual numbers, … Read more
The used EV market has transformed over the past year. Thanks to the company car tax incentive that made EVs practically free for fleet drivers, thousands of two and three year old electric cars are now flooding forecourts. I’ve seen everything from Volkswagen ID.3s to Polestar 2s with 30,000 miles on the clock going for … Read more
If you’re considering an electric car through a salary sacrifice scheme, you’ve probably heard about the 2027 tax changes. Benefit in Kind (BIK) rates for electric vehicles are going up from 2% to 3% in April 2027, then to 4% and 5% in the following years. The question I’m getting asked constantly is: should you … Read more