Top tips for managing the cost of company car schemes
Employee Benefits
FEBRUARY 5, 2024
As well as tax savings, EVs can be cheaper to run and maintain, with used cars also a cost-effective option. Employees need to understand how benefit-in-kind (BIK) rates differ for both EV and internal combustion engine (Ice) cars. This is also a useful conversation in the context of internal combustion engine (Ice) vehicles.
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