Also, the Benefit In Kind (BIK) tax is rising from the current 2% to 3%, 4%, 5% over the next three years. On a £40k car, this means the assessed benefit will

Also, the Benefit In Kind (BIK) tax is rising from the current 2% to 3%, 4%, 5% over the next three years. On a £40k car, this means the assessed benefit will rise from £800 to £2000 over three years. For a 40% tax payer, this means an increase from £320 to £800pa. Half that for a 20% tax payer, obviously. Given most new EV registrations are corporate and may attract BIK, this will possibly cost the average EV owner more than the £165pa road tax increase.