Currently Bik On Fully Electric Vehicles Is 0% On An Omv (Original Market Value) Up To €50,000, After €50,000 The 30% Rate Of Benefit In Kind Applies.

The €5,000 relief for battery electric vehicles is being extended to end 2023. This measure will take effect from 2023. For years 2023 to 2025 irrespective of the omv of the vehicle or when.

For 2022/23 Bik Doubles To 2%, And Remains There Until April 2025 For Models With Zero Carbon Tailpipe Emissions, Allowing Company Car Drivers To Save Thousands Each Year In Costs.

In 2017 there were 257 nissan leaf s sold in ireland. For all fully electric cars on sale, the bik rate is 2% during the 2022/23 financial year. • €35,000 for vehicles made available in the.

This Relief Applies By Reducing The Omv Of The Vehicle.

For bik purposes, the original market value of an electric vehicle will be reduced by €35,000 for 2023; Extension of bik exemption for evs the bik exemption for battery electric vehicles will be. Section 5 of the finance bill 2019 amends the current exemption for electric cars and vans with a market value of less than €50,000 in section 121 of the taxes consolidation.

Partial Relief Will Apply In Respect Of Cars Made Available Between 1 January 2023 And 31 December 2025.

2023 to 2025 extension of exemption you may choose to make an electric van available to your employee for private use in future. Partial relief will apply in respect of vans.