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Benefit-in-Kind-BiK
A key thing to consider when deciding on a company car is the amount of tax it'll incur. You'll pay tax on a percentage of the P11D value of the car. The exact percentage - the BIK rate - is worked out by the amount of CO2 emissions the car produces. The lower the emissions, the lower the percentage. It's simple. The greener your car, the lower its CO2 emissions and the less tax you'll have to pay.
0% emission electric cars.
2% company car tax.
The business case for going electric is hard to ignore in 2022. The UK government introduced 2% company car tax (BIK) for electric cars*.
If you’re a company car driver or fleet manager, you demand quality, economy and cars that surpass expectations. Our top-of-the-range electric models offer head turning designs, a wealth of specification and our first-class aftersales care as standard.
Company car tax rates are changing.
Switch to Electric for 2% tax.
The incentive couldn’t be bigger. Choose a full battery electric company car and your tax – or ‘Benefit in Kind’ – for private use of a company car will reduce to 2%* from April 2022.
2% is great news for company car drivers, who can enjoy the tangible benefits of electric motoring. Fleet managers who manage a larger electric fleet can cut running and servicing costs, increase efficiency and future-proof your business for more sustainable regulations ahead.
Up to 300 mile range**
Zero tailpipe emissions
Fast charging times
No compromises necessary. The award-winning KONA Electric SUV offers battery power up to 64 kWh to cover long distance driving. It combines expansive space and head-turning good looks with excellent driving dynamcs. Featuring the latest technology and safety features – it’s an impressive electric car package.
Up to 300 mile driving range**
204 PS motor can achieve 0 – 62 mph in 7.9 seconds
Recharge up to 80% in just 75 minutes at a 50kW DC station^
Featuring breath-taking design and driving dynamics, as well as an 800-volt battery system for ultra-fast charging, this ground-breaking electric CUV delivers thrilling performance – built on a cutting-edge new platform that is nothing less than a technological milestone in this era of EV expansion.
Up to 298 miles driving range**
73 kWh AWD 305 PS motor can achieve 0 – 62 mph in 5.2 seconds
Recharge from 10% to 80% SOC in less than 18 minutes when connected to an 350 kW ultra-fast charger^
The all-electric car that charges faster than a smartphone. The sleek IONIQ Electric is perfect for commuting and driving to business meetings, with the most up-to-date connectivity, convenience and safety features. A smooth, enjoyable driving experience.
Up to 193 miles driving range**
High aerodynamic performance; 0.24 drag coefficient
Recharge to 80% in just 57 minutes at a 50kW DC station^
Did you know plug-in Hybrid company car tax will also be lower?
From April 2020, BIK tax on efficient plug-in hybrid electric vehicles will also decrease dramatically*. View our ground-breaking range and calculate your savings now.
Terms and conditions
*Current and future company car tax (BIK) percentages and monthly values based on published government taxation information. These percentages and values can be changed ay any time in line with any amends announced by the government.
** Range dependent on ambient temperature, battery state of charge and condition, driving style, vehicle payload, vehicle electronics, heating and climate settings. Tested under WLTP regulations. Kona Electric 300 mile range based on 64 KWh model. IONIQ 5 298 mile range based on 73kWh model.
^ Charging times for the high voltage battery may vary as it is dependent on the condition of the high voltage battery, charger specifications and ambient temperature.
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