Brendan Burgess
Founder
- Messages
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across the fleet
Budget 2020 announced a new BIK regime which is to begin 2023. Rates will be based on CO2 emissions and distance travelled, the table is on page 11 of the Finance Bill 2019 (https://assets.gov.ie/37023/f1235ce2a7804dd889b4631778c1fa5b.pdf). So looks like the 0% on electric vehicles will last until end 2022, then will go up to somewhere between 9 and 22.5% depending on your mileage.Interested to see will they amend bik rates in conjunction with this for non electric cars
I currently have a company car sitting in the garden . It’s diesel . For this year they are estimating anualised miles based on Jan 20 usage . If I am moving to 30% bik in January they can have the car backBudget 2020 announced a new BIK regime which is to begin 2023. Rates will be based on CO2 emissions and distance travelled, the table is on page 11 of the Finance Bill 2019 (https://assets.gov.ie/37023/f1235ce2a7804dd889b4631778c1fa5b.pdf). So looks like the 0% on electric vehicles will last until end 2022, then will go up to somewhere between 9 and 22.5% depending on your mileage.