Leasing/hp electric car through business?

[benedmonds]

Has anyone done this? What are the actual cost savings.. I know some of you are pro the benefits of leasing. My personal view has always been buy a car after the initial depreciation has gone, I am not fussy about extras or having a new car, I can't get over the fact that is going to have cost me £x000s as soon as I have driven it out of the showroom. 

 

But my accountant suggested buying an electric car had potential tax benefits..  I am trying to get my head around what those actually add up too.

 

Kona on 24 month lease would cost me £7,500 a year. Electric would be less than £500 if my sums are right.. the benefit in kind is another £400..? No tax. Insurance.

[Steve Bullman]

Have they binned the 0% bik?

[benedmonds]

4 hours ago, Steve Bullman said:

Have they binned the 0% bik?

I think bik is 1% raising to 2%