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Reduced Driver Tax

Low emission vehicles can offer considerable tax savings to your drivers - at no cost to you

Driving an electric vehicle not only has a positive impact on the environment but can also dramatically reduce the drivers Benefit-in-Kind Tax (BIK) tax implications.

BIK is based upon both the value of the car and its emissions so those vehicles with lower CO2 will benefit from considerable tax savings.

Fully electric vehicles currently fall within the lowest BIK tax bracket for company car drivers, paying just 2% this tax year, rising to 3% in 2025/26.

Plugin Hybrid Electric Vehicles (PHEVs) fall into the next lowest BIK tax bracket for company car drivers, depending on the EV range capability.

Currently, PHEVs (those with less than 51g CO2 per km) with the greatest electric-only driving range fall within the 70-129 EV range and are taxed at only 5% BIK in the 2024/25 tax year, rising to 6% in 2025/26.

Even the poorest range sub 51 CO2 PHEVs are only taxed at 14% in 2024/25. Rising to just 1% in the next tax year.


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Ogilvie Fleet Limited is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 308787, as a provider of fleet management, vehicle finance and leasing products to both commercial and personal customers. Should we provide a regulated product, it may be provided directly or, potentially, distributed through a panel of authorised brokers and/or introducers. If that is the case, we may pay a commission to said authorised brokers or introducers who pass new customers to us. This commission is usually a fixed fee, is not paid by the personal customer, and does not impact the amount the personal customer will pay.

Ogilvie Fleet Limited is a registered company in Scotland with company number SC067027, registered office Ogilvie House, 200 Glasgow Road, Stirling, FK7 8ES. VAT registration number 400 892 864.

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Ogilvie Fleet Limited is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 308787, as a provider of fleet management, vehicle finance and leasing products to both commercial and personal customers. Should we provide a regulated product, it may be provided directly or, potentially, distributed through a panel of authorised brokers and/or introducers. If that is the case, we may pay a commission to said authorised brokers or introducers who pass new customers to us. This commission is usually a fixed fee, is not paid by the personal customer, and does not impact the amount the personal customer will pay.

Ogilvie Fleet Limited is a registered company in Scotland with company number SC067027, registered office Ogilvie House, 200 Glasgow Road, Stirling, FK7 8ES. VAT registration number 400 892 864.