Happy Benefit in Kind day!
Happy 0% benefit-in-kind day! From today (06/04/2020) Benefit in kind for electric vehicles drops to 0%, while in 2019, BIK worked out at 16%, this adjustment to 0% represents a massive saving. This accompanies changes across the board favouring lower emission vehicles.
Below is some more information about benefit in kind and how it can help you as a company car driver, as well as a non-company car driver considering making the switch.