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For today’s EV Jargon Buster, we’re looking at BIK (Benefit-In-Kind). 🙌 BIK is the tax due on a ‘perk’ like a company car. However, it’s worth noting that BIK rates can be considerably lower for lesser-polluting vehicles like #EVs. Our EV Jargon Buster is designed to simplify any confusing EV terminology, so if you’re ever unsure, check it out here: https://lnkd.in/eckbyBZd #EMobility #ElectricFleets #BIKTax

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