Zero and Ultra Low Emission Fleet Vehicles
Zero and ultra low Emission vehicles
How you could save your business money
In recent years, the number of alternatives to traditional fuel vehicles has increased rapidly. More and more businesses are powered by 100% battery-electric vehicles (BEVs), plug-in hybrids (PHEV), traditional hybrids and, in some cases, hydrogen fuel cell cars.
With government incentives and grant schemes, switching to low emission fuels could offer your business significant savings and make your fleet more efficient.
Want to know more?
Electric Vehicle Chargepoint Grant
The EV chargepoint grant now offers eligible landlords/renters/owners funding of up to 75% (or max £350) towards the installation of an electric vehicle smart chargepoint unit at domestic properties in the UK.
For further information on eligibility and how to apply, click here.
Benefit-In-Kind Tax
The BIK tax system incentivises business drivers to choose low emission vehicles. The exact benefits vary depending on the car's CO2 emissions and it's all-electric zero emission range.
The BIK tax percentage for all company cars is set at 2% and will remain frozen at this rate until April 2025.
From that date, tax percentages for EVs will increase, with 1% increments applying up to 2027/28. Rates for all other vehicle bands will also rise – by one percentage point in 2025/26 up to 37% where they will be fixed until 2027/28.
