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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

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Things to know before buying an electric vehicle

Electric Vehicles India

It is much cheaper than gas vehicles and has less maintenance and is easy and very convenient to use. As we all know especially the ICE vehicles users will definitely know how much they are paying for a litre of petrol every day. Maintenance. You all are well aware of this fact, that electric vehicles will get low maintenance.

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Must Read 40+ Electric Vehicle Interview Questions & Answers

Get Electric Vehicle

Additionally, EVs have fewer moving parts and require less maintenance since they don’t have components like oil filters, spark plugs, and timing belts that need regular servicing or replacement. These can include tax credits, rebates, grants, and preferential parking or access to certain areas.

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How does leasing an electric car work?

Drive Electric

You’re allowed to reclaim 100% of the vehicle’s cost against corporation tax in the first year, although it’s worth noting you must repay the tax on the car’s sale price if you sell it later on or return it to the lease company. The government is currently offering a grant to cover some of the cost of this. Availability issues.

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Debunking what you thought you knew about EVs

Drive Electric

Most of us are aware of the environmental benefits of EVs, which have led the UK government to ban the sale of new petrol and diesel cars from 2030, and incentivise electric vehicle use through 100% discounts on London’s Ultra Low Emission Zone (ULEZ) and Congestion Charge. EVs are just city cars. This couldn’t be further from the truth.

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London City Commuting: Why an EV makes sense

Drive Electric

Thankfully, the UK Government has taken the crucial step of banning the sale of all new petrol and diesel cars by 2030. EVs are far less reliant on these dirty fuels than petrol and diesel cars, especially when batteries are charged using renewable energy. That’s a huge saving compared to cars with petrol or diesel engines.

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