Electric Car Sales Shoot Up Ahead Of Company Car Tax Changes

Read The Full Article On: Dutchnews

There has been sharp rise in the sale of fully electric cars in the run up to new tax rules on company vehicles, motoring organisation Bovag said on Monday.

From January, company car drivers will have to pay tax on 8% of the value of cheaper electric cars, but for cars worth over €45,000, the add-on will be 22%. At the moment, electric company cars are liable for tax on just 4% of their new catalogue value.

Read The Full Article On: Dutchnews


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