Insights

When a vehicle is provided through your employer–typically via a company car or van scheme–it may be subject to Benefit-in-Kind (BIK) tax. This is a tax on non-cash benefits, such as the private use of a company vehicle. The rules and costs can vary significantly depending on whether the vehicle is classified as a van or a car.

Over the past thirty years, throughout Europe, including the UK, new vehicles have had to meet increasingly strict ‘Euro’ standards to reduce pollutants, improve air quality, safeguard public health, and move towards zero-emission mobility.

Diesel-engined cars accounted for almost half of all new car registrations a few short years ago. Now, that number is under 5%. Inevitably, the decline over recent years has also reduced the availability of used diesel-powered cars.

The term “Electric Vehicle” (EV) has traditionally been used to encompass all types of electric vehicles, including hybrid and battery-powered vehicles.

Advanced Driver Assistance Systems of ADAS technology can vary from car to car but can include: Speed Assistance—Using the car’s cameras, road map data, or

The Government has introduced a series of adjustments to its Zero-Emission Vehicle (ZEV) mandate, which is designed to accelerate the shift from fossil-fuelled vehicles to zero-emission, primarily electric vehicles (EVs), to help reduce pollution and cut greenhouse gas emissions.

Respected automotive industry experts Cox Automotive has forecasted that used EV values will stabilise this year in what it expects to be a broadly flat market, with sales of slightly over 7.6 million used vehicles.

And it wasn’t even a close contest with petrol and diesel cars written off at more than double the rate of electric vehicles (EVs). The

The Zero Emission Vehicle Mandate, or ZEV, has been in place since January 2021. It requires car manufacturers to ensure that a certain percentage of all new cars they sell are zero-emission, which means fully battery electric vehicles (BEVs).