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UK: No company car tax, electric or hybrid vehicles

UK: No company car tax, electric or hybrid vehicles

Electric cars and certain hybrid vehicles will not be subject to the company car tax, effective April 2020—whereas, drivers of many petrol and diesel vehicles have seen significant increases in the company car tax in recent years, and these high levels of tax will remain in place.

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The UK government announced that 2040 is the target date for ending the sale of new petrol and diesel vehicle in the UK.

Read a December 2019 report prepared by the KPMG member firm in the UK

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