EV BIK TAX RATES
New Tax Rules Will Create an Upsurge In Company Electric Cars around Birmingham Make Sure You Gain These Customers By Having Car Chargers Installed
Most destination businesses appreciate that they will need to have electric vehicle charge points installed at their premises at some point, and many are probably waiting for what they feel is the right time.
While the ‘right time’ may involve considerations around cost, value for money and the level of technology, it’s also about getting ahead of the game and taking advantage of the extra customers you’ll win from being one of the first charge point locations, before everyone else gets on board. Not to mention taking advantage of grants towards the cost of installation before funding initiatives come to an end.
Here at Mr Electric the Car Charging Company, we’ve experienced a record start to the year in electric vehicle charge point installations, and in recent weeks we have been busy preparing quotes for lots of destination businesses, and in particular, hotels.
Electric vehicle charge points for company car drivers
This week, the Government announced that company car drivers choosing pure electric vehicles will pay no benefit-in-kind (BIK) tax at all for 2020/2021 – news which is likely to accelerate electric company car use even more.
This news, along with the other almost daily developments that will increase uptake of electric vehicles, means those hotels, restaurants, conference centres and destination businesses which take the plunge now, can expect to reap the rewards.
It means even more people will soon be looking for electric vehicle charge points when deciding where to eat, where to stay and where to visit.
The BIK announcement is expected to increase the number of businesses which make the switch to electric vehicles for their fleets, so anyone travelling for business will also be looking for hotels and conference centres with charging facilities.
It won’t be long before all hotels, B&Bs and guest houses have charging facilities, so now is the time to stand out and win new customers who are searching for accommodation, based purely on whether they have electric charge facilities.
Benefits of electric vehicle charge points at your business in Birmingham
Other benefits of installing an electric vehicle charger at your hotel or destination business, include:
- Get your business on the map. Currently all charge points are plotted on a nationwide map, so you’ll find it easy to pick up new customers
- Cost effective. Standard 7.2kw chargers are very affordable and perfect for places like hotels where people can charge their cars overnight. If you don’t have people staying overnight, these are still perfectly adequate for the top-up charge drivers will be looking for on their journey.
- Grant funding. This is currently available for workplace chargers, which can bring the cost of installation down and make it an even more attractive proposition. As Government-approved installers, we can source those grants for you. Have a look at our page on grants for electric vehicles or contact one of our advisors to find out more.
- Leasing electric vehicle chargers. In addition to grants, it is now also possible to lease chargers and get a commission on the resale of electricity, so you can generate revenue with zero capital cost.
- Corporate social responsibility. There’s also the boost to your business and its green credentials, which is great for the environment and for your public image. Environmental impact is becoming an increasingly important factor for consumers choosing providers of goods and services.
To find out more about the benefits of electric vehicle chargers at your home or business, including quotes and grant information, contact our expert advisors at Mr Electric The Car Charging Company.
FOR ELECTRICAL REPAIRS AND INSTALLATIONS SEE OUR MAIN SITE MR ELECTRIC
Tel 0121 2850136