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£5000 Government Grant for Electric Vehicles

Hi All

A client has just purchased a BMW i3 hybrid car which is eligible for the £5000 government grant for plug in vehicles. Is the list price of the car figure for P11D purposes calculated before or after the £5000 grant. Can't find any answers on HMRC - plenty of info but no answers!

Many thanks in advance for any assistance.

M

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03rd Apr 2014 14:57

List Price

Having thought about it a bit more I suppose the list price is the list price so the benefit would be based on the higher amount plus any accessories added to the cost of the car.

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By DMGbus
03rd Apr 2014 20:03

List price before deducting £5k grant

see:

http://carleasingmadesimple.com/business-car-leasing/bmw/i3/p11d-values/

 

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04th Apr 2014 10:45

Many thanks for the link. Must improve my Google searching technique!

Thanks again.

M

 

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