Save Money By Reducing Your Carbon Footprint With Coventry Accountants

We all are told to reduce our carbon footprint but did you know that other than it is good for our nature it can also save you a lot of money? Coventry Accountants say that reducing the carbon footprint can give access to many rewards that you might not even expect. Here is an example of how buying electric cars for your company can help you with tax breaks and other benefits.


How can get electric cars benefit your company?

The reason why you need to jump over to the greener alternative for transport and hire a Coventry Accountant to help you is that it helps with the tax breaks.

Getting a tax concession from the government is as hard as it comes but going green can make you eligible to get one. For example, if your company invests in the EV you can have a benefit of 0% payable road tax. According to the VED (vehicle excise duty), a 100% electronic vehicle is not liable to pay the road tax for at least 2025. Also Starting from April 2021 there is no tax on using electric business vans outside of office hours. Learn more by contacting Coventry Accountant or your local accountant.

Now, this might not seem like a big save but consider it on a whole business level. If you compare the amount of road tax you have to pay for a full fleet of cars then it does seem like a big save.  Throw in the money you save on gas prices and you will be saving more than you can ever imagine.

To get more guidance you can reach out to a professional Accountant in Coventry and make the best decisions regarding your business to make a profit and seal leaking cash flow.
Location: The Mount, Coventry CV3 5GU, UK

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