New Delhi: Japanese auto manufacturer Nissan is offering tax-free motoring to the company car drivers who drive Leaf EV, applicable from 6th April 2020.
The move comes in response following the changes to benefit-in-kind (BIK) rates announced by the UK government last week.
As per the company, the revised BIK charges see zero-emission electric vehicle tax liability for company car drivers fall from 2% to 0% for the tax year 2020-21. The rate will again increase to 1% in 2021-22 (down from 2%).
Kalyana Sivagnanam, managing director, Nissan Motor (GB) Ltd, said, “Electric vehicles like the Nissan Leaf already offer huge benefits to company car drivers. Add to this strong availability and minimal lead times and the Leaf offers a great opportunity for forward-thinking fleets”
“We welcome these latest tax changes, which will add a further financial incentive for company car drivers to switch to zero-emissions fleet vehicles and help accelerate demand for electric cars,” he added.
A modified table of WLTP-appropriate percentages has now been published which highlights the tax cuts available over the next three tax years (2020-23) to company car drivers choosing a zero-emission vehicle, Nissan said in a release.