Financing Grant Porsche Tax 
Drive Electric
JULY 6, 2021
When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. When you lease a car, your contract includes payments for the car itself and your road tax, if there’s any due.
Drive EV
APRIL 6, 2021
Drivers already signed up are saving an average of £14,445 over three years, by sacrificing some pre-tax salary in return for a brand new electric car. The benefit is made possible due to incredibly low Benefit in Kind (BiK) tax rates on electric cars, which is just 1% for tax year 2021-22, and 2% for the three years following.
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