‘Long needed’ car tax changes may require businesses to install electric charging bays
CAR TAX changes introduced this April may require companies to install extra charging stations for an expected increase in electric vehicles, according to experts.
Benefit in kind company car tax rates have been completely scrapped from 16 percent to zero which will see EV upfront costs come into line with petrol and diesel models.
The expensive company car tax premium of £320 has also been removed which means all electric models regardless of price are now tax free.
This could turn motorists away from traditional vehicles into buying electric models which boast extra financial incentives.
However, this could put pressure on electric charging stations which may not be able to cope with an increase in demand.
Rob Anderon, spokesperson for electric car specialist, Cenex, said: “Companies may need to make decisions on installing points if they begin to see a shift away from traditional cars”.