Drive Electric

Last week, as a further incentive to encourage all of us to go greener, the UK Government announced grants of up to £3,750 for car manufacturers towards the cost of manufacturing certain electric vehicles.  

Zero emission electric vehicles (EVs) offer huge opportunities for employers and employees compared to their petrol/diesel alternatives.  With some brand new EVs attracting 100% tax relief for businesses in their first year, you should certainly consider these as an alternative when looking at investing in a new company vehicle and/or when looking at managing your tax bill for the current year.

The attached flyer summarises the benefits at a high level – if you would like to find out more, contact our Tax team on 028 8772 4697.