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Frequently Asked Questions
How much tax will I pay on a company electric car?
How is company car tax calculated on an EV? The amount of tax you’ll pay on a company electric car depends on the P11D value (the more expensive the model, the higher the likely tax), the BiK rate (which is lowest on EVs compared to a petrol or diesel car) and your own tax rate (20% or 40%, whatever tax bracket your salary puts you in).