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Discussion Starter · #1 ·
As a new freelancer I was planning on putting the lease for my Ioniq EV through my business, and saving a proportion of the income tax.

I've just run the numbers, and claiming at the 45p/mile figure rather than offsetting half my monthly lease (approx 50% business miles) against income tax at 40% is a no-brainer! Just the 1,110 miles I've got planned in the first couple of months of 2017 will save £500 rather than the approx £60/month in income tax offset.

I'm sure most sole traders know this stuff already, but it was a pleasant surprise to me!

With 2p/mile running costs, that's yet another great reason to go EV.
 
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