Electric Cars Are STILL Tax Efficient (Despite What You’ve Heard) People think electric cars lost their tax advantage. They haven’t. Even after recent changes, EVs still sit at some of the lowest Benefit-in-Kind rates in the UK. A £42,000 electric car can cost £50–£100 a year in personal tax. That’s cheaper than a gym membership — and far cheaper than petrol. Yes, incentives are changing. But EVs are still the most tax-efficient company cars by far. Comment EV and I’ll calculate your exact tax b