Home/Tag: electric cars

Are you aware of benefit savings to reduce costs post COVID-19?

By |2020-08-26T09:57:03+01:00August 26th, 2020|Categories: Leasing & Finance News|Tags: , , , |

A change in legislation which came into effect in April this year means that EVs now have zero benefit-in-kind (BiK) tax. This has resulted in significant savings for employees, as well as savings through lower National Insurance (NI) contributions for the employer. Yet, one fifth (20%) of HR bosses aren’t aware of the recent change, despite 44% and 39% of companies respectively offering either employee car ownership or salary sacrifice for a car.

Destination 2018: Blue, electric, shared and heading towards autonomous

By |2017-12-18T14:24:21+00:00December 18th, 2017|Categories: Leasing & Finance News, Sector Analysis|Tags: , , , , |

BLUE will be a rising trend for car colours in 2018 – because of how manufacturers are driving revenue around metallic and white paints. Other trends will see a rise in electric, shared cars and [...]

First Vehicle Leasing reports growing demand for EVs

By |2015-07-22T11:51:59+01:00July 22nd, 2015|Categories: Leasing & Finance News|Tags: , , , |

Glasgow-based broker, First Vehicle Leasing, has reported an increased demand for electric cars. Graham McCarthy said: “The electric car market is booming. Indeed, industry figures for last year show that 14,500 electric cars were sold [...]