Russell & Russell
Russell & Russell Articles
Is your company ready to go electric?
The tax treatment of company-owned electric cars is not as simple as you would hope, but there are definite advantages, so it is worth considering if you are supplying vehicles to your employees. There are an estimated one million company car drivers in the UK, accounting for nearly six out of ten new car registrations every year. While the tax treatment on these vehicles is not always straightforward, the Government has attempted to boost the up...