EV Car Comparator
It is assumed that company users are registered for VAT, whereas private users cannot reclaim any VAT
A salary figure is required for company users in order to calculate the rate of income tax and Employers Class 1A NIC on the Benefit in Kind value of the vehicle. Input an estimate of all annual earnings including bonus and commission
This tools assumes that 3 payments are made as the initial payment, followed by 47 payments at monthly intervals.
London congestion charge is based on a charge of £11.50 per weekday. This can be reduced by £1 on registration for Auto Pay. Full details are at www.tfl.gov.uk/modes/driving/congestion-charge
|Fuel / Electric cost|
|Class 1A NIC on vehicle benefit|