Mar 30, 2021 | BEV, Company Cars
One last comment on the EV grant. Just picking up from a point made elsewhere by Paul Gauntlett. The EV grant isn’t the Government giving money away. Like so many of these things, it’s actually about them taking a little less. VAT on a 25k list price car is £4,167. If...
Mar 22, 2021 | BEV, Company Cars, PHEV
So last Wednesday at 7am the Government cut EV grants across the board, and for cars over 35k they removed them altogether. They did all of this with a press release that suggested this was good news. So was it good news? For taxpayers that can’t afford expensive...
Mar 18, 2021 | BEV, Company Cars
So the Government has with immediate effect reduced the EV grant to £2,500 (i.e. by £500) and it’s now limited to cars costing £35k or less (previously £50,000). In effect this is an immediate price rise on all EVs, and it’s a £3,000 hike on cars like Tesla 3,...
Mar 11, 2021 | Company Cars, PHEV
PHEVS are cool. PHEVs are terrible. The debate goes on. But whilst we talk, fleets are quietly ordering PHEVs like they are going out of fashion. The last year has seen lots of PHEVs launched, like the Skoda Octavia and Superb iV, VW’s Passat and Golf GTE, the...
Mar 8, 2021 | BEV, Company Cars
I’ve just been reading that Porsche are considering coupe and convertible variants of the Taycan EV. This is the same week that VW said it was thinking about a convertible ID3. What do we think about a convertible EV? As a rule EVs are heavier because of their...
Mar 4, 2021 | Company Cars, P11D, Private Fuel
If you, or any of your employees, have the benefit of private fuel in a company car you have a couple of months to save yourself what could easily be thousands of pounds. The tax charge on private fuel is fixed, based on the car’s CO2 and potentially engine type. As...
