Grants for your home
Considering adding electric vehicles to your fleet? We take a look at the grants and incentives available that can help reduce the cost.
Driving a low-emission vehicle can dramatically reduce the amount of Vehicle Excise Duty (VED), commonly known as the road tax, you pay. Zero-emission vehicles are completely exempt.
If your home has off-street parking, a wall-box can charge your electric vehicle faster than a standard 3-pin domestic plug. The Government offers a grant that supports the cost of the charger. The Electric Vehicle Homecharge Scheme supports up to 75% of the cost, capped at £350 including VAT, off the installation price. The electric vehicle home charge scheme grant is now only available to rental or leasehold properties.
This grant provides electric vehicle (EV) drivers with support towards the costs of the purchase and installation of EV chargepoints at residential properties if they are also installing a cross-pavement charging solution. An electric vehicle chargepoint grant can help towards the cost of installing an electric vehicle chargepoint socket at your property. You can get 75% off the cost to buy and install a socket, up to a maximum of £350.
Find out more about the scheme and how you can apply here.
If you want to encourage your employees to make the switch to electric, the Government will support £350 of the installation cost for every charge point you install (maximum of 40 chargepoints). What’s more, electric drivers won’t incur any Benefit in Kind charges for electricity used at work.
The Workplace Charging Scheme (WCS) is a voucher-based scheme that gives businesses financial support towards installing chargers on their premises.
A Škoda like never before, the new, all-electric Elroq is a do-it-all compact electric SUV. Recently launched to rave reviews, you can be among the first to own, drive and love the future of electric cars.
Because Benefit-in-Kind (BiK) is calculated based on your car’s emissions, driving electric can help you save.
The Government’s tax rules state that where an employer provides charging stations for their employees, no taxable benefit will arise.