There are many financial benefits for company car drivers using the Mitsubishi Outlander PHEV for business. They can look forward to an increase in their pay packet equal to an average of over £4,000 every year.
Caring for the environment is important, the Outlander PHEV's Intelligent Technology it is able to achieve ultra-low emissions of just 41g/km which means it qualifies for a reduced rate of BIK (benefit-in-kind) taxation.
Not only will Outlander PHEV company car drivers be receiving a boost in their pay packet but they will be benefiting from an incredible 166mpg and exemption from Road Tax The benefits don't stop there- If they are making a commute of less than 30 miles they will be able to their journey to and from work for just pennies!
If you’re looking to upgrade or even implement a fleet of company cars then the Mitsubishi Outlander PHEV has the potential to save your business thousands of pounds a year.
Because of its outstanding emission levels, a company purchasing an Outlander PHEV is able to write down 100% of the cost of the car against its profits chargeable for Corporation Tax in year one.
This is compared to a traditional company vehicle where a maximum of 18% per annum of the cost is allowable to write down against the profits chargeable for Corporation Tax. This is reduced to only 8% on vehicles with a CO2 level exceeding 130g/km.
This means that any business with even a small fleet of cars could save tens of thousands of pounds in Corporation Tax in the first year after purchase.
Not only will your business save money on Corporation Tax but there will also be a reduction in its associated Class 1a National Insurance Contributions.
Terms and Conditions: All new retail vehicles are shown with OTR (On The Road) Prices. OTR prices include VAT at 20%, Government Road Fund Licence, First Registration Fee (£55) and the cost of delivery to the dealer’s premises. Commercial vehicles are shown with Commercial Vehicle List Prices (CV List Prices). CV List Price includes the cost of delivery to the dealer’s premises, but exclude VAT, Government Road Fund Licence and First Registration Fee (£55). Government Road Fund Licence for commercial vehicles is £240. All prices shown are for solid paint. Metallic paint extra. Official EU MPG and EV Range test figures shown as a guide for comparative purposes and may not reflect real driving results. Outlander PHEV figures are based on the vehicle being charged from mains electricity. Images shown are for illustrative purposes only and UK specification may vary.