As the UK government continues to incentivize businesses to reduce their carbon footprint, we want to help you take advantage of the tax benefits of these eco-friendly vehicles.
Hybrid and Plug-In Hybrid Vehicles
At CBVC Leasing, we have a wide range of plug-in hybrid vehicles available to suit your business needs. From compact cars to spacious SUVs, we have something for everyone and because we work with multiple leasing providers, we can offer you competitive rates that you won't find anywhere else.
As the world becomes increasingly focused on sustainability, many businesses are looking to reduce their carbon footprint and promote environmentally friendly practices. One-way businesses can do this is by offering plug-in hybrids as company cars. Not only do these vehicles have lower emissions than traditional petrol & diesel cars, but they can also provide significant tax benefits for both the employer and the employee. Firstly, they can enjoy reduced National Insurance contributions reduced Benefit in Kind rates, lower fuel costs, and other incentives offered by the government.
In 2023, the UK government policy is that if your company car has CO2 emissions of 1 to 50g/km, the value of the car is based on its zero-emission mileage figure, or ‘electric range’; this is the distance the car can go on electric power before its batteries need recharging.
Our team of experts is here to help you find the perfect plug-in hybrid vehicle for your business. We understand that every business is unique, and that's why we take the time to understand your specific needs and requirements. Whether you need a vehicle for commuting, client meetings, or transporting goods, we can help you find the perfect solution. If you have any questions or would like to discuss your requirements with us, please do not hesitate to contact our friendly and knowledgeable team.
So why not take advantage of the tax benefits of plug-in hybrid vehicles and make a positive impact on the environment? Get in touch with us today and let us help you find the perfect vehicle for your business.
Visit Our Hybrid & Plug-In Hybrid Offers
Below shows the difference in Benefit in Kind rates and CO2 levels for a Hyundai Tucson Premium, as a Plug-In Hybrid, a Mild Hybrid or a Self Charging Hybrid.
