The keyword "electric car business lease benefits" perfectly encapsulates how leasing electric cars can lower your costs and improve your bottom line. No Oil Changes or Engine Tune-Ups. Thanks to advancements in automotive technology, electric cars have significantly lower maintenance costs than their gasoline counterparts. One of the.. Tax benefits for electric company cars. If you buy an electric vehicle to be used as a company car, you'll enjoy 1% tax through Benefit in Kind. If the vehicle is used for personal use as well as business then benefit in kind tax must be paid. The tax rate used to be 16% for EVs, however, it was reduced to zero in April 2020, rising to 1% in.

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The Inflation Reduction Act, which President Joe Biden signed into law Aug. 16, created some new tax incentives to encourage the purchase of electric vehicles. A $7,500 tax credit for consumers.. With various ranges and performance models available you can also customise the car to meet your specific business needs. 5. Polestar 2. Set to rival the Tesla, the Polestar 2 is a quality electric car from the Volvo family. It goes a speedy 0-62mph in 4.7 seconds and offers an impressive 245-mile range.