Company car Covid tax relief

[L500]

I’ve been benefiting from BiK relief on my company car since May thanks to the HMRC scheme during lockdown (keys have been sent away), but does anyone know how long the scheme will last?

I can’t find any press on this. Thanks.

[TwigtheWonderkid]

It's not a scheme as such, it's just an exemption to allow you still to physically keep the company car because it can't be collected, but not having the keys so paying no BIK. In due course you will either get the keys back, and start paying BIK, or have the company car taken away and not pay any BIK.

[L500]

Ok, thanks for clarifying.