EV registration between now and April
EV registration between now and April
Author
Discussion

zadumbreion

Original Poster:

1,049 posts

242 months

Sunday 1st March 2020
quotequote all
Sorry if this is a stupid question but:

If your employer orders you a new 100% electric vehicle, do you have to somehow ensure that it isn't registered prior to April 2020 in order to avoid paying any BIK??

I know that the 0% rate is being back dated for pure electric vehicles registered prior to that date, but I interpret that as meaning "Even if your EV was registered prior to April 2020, your BIK will still drop to 0 FROM APRIL 2020 but until that date you'll still be paying 16%" (or whatever the rate currently is).

Can someone please clarify what happens for new drivers of new EVs registered between now and April?


TIA

mcm87

132 posts

155 months

Sunday 1st March 2020
quotequote all
Benefit in Kind is independent of registration date. If you register it today you have 1 month at the higher rate and then it’ll drop to 0% from the beginning of April.

All existing EVs drop to 0%.

(If the 0% rate gets confirmed in the next budget!)

aestetix1

873 posts

73 months

Sunday 1st March 2020
quotequote all
HMRC still don't know anything about the 0% BIK so I'd wait for the budget before ordering.

wassap

87 posts

272 months

Sunday 1st March 2020
quotequote all
The BIK rates have been published, all being well, these will be confirmed in the budget and ratified in the finance bill after that. For EV's theres no diff between registering before or after April.

https://www.fleetnews.co.uk/fleet-faq/what-are-the...