Buying an electric vehicle
by Stephen Relf
1. BIK
1.1. Car
1.1.1. Zero emission
1.1.1.1. 0%
1.1.1.1.1. 2% for 2022-23
1.1.2. Emissions no more than 50g/km
1.1.2.1. 5% to 14% for 2022-23
1.2. Van
1.2.1. Private use insignificant
1.2.1.1. BIK = £nil
1.2.2. Zero emissions
1.2.2.1. £0 for 2022-23
1.2.3. Other
1.2.3.1. £3,600 for 2022-23
2. Capital allowances
2.1. Car
2.1.1. 100% FYA
2.1.1.1. Electric
2.1.1.2. Zero emissions
2.1.2. 18% WDA
2.1.2.1. Emissions 50g/km or less
2.1.3. 6% WDA
2.1.3.1. Emissions >50g/km
2.1.4. No AIA or super-deduction
2.2. Goods vehicle
2.2.1. 100% FYA
2.2.1.1. Zero emissions
2.2.1.2. Exclusions apply
2.2.1.2.1. State aid
2.2.2. AIA
2.2.3. 130% super-deduction
2.2.3.1. Companies only
2.2.3.2. New van only
2.2.4. 18% WDA
3. Hire costs
3.1. Emissions more than 50g/km
3.1.1. 15% disallowance