Business Insurance - Business insurance: Tax incentives revealed for drivers in Europe

Business insurance: Tax incentives revealed for drivers in Europe

The latest European Automobile Manufacturers' Association Tax Guide 2010 has been published, giving details about tax incentives for electric vehicles.

It found that 17 EU member states put a charge on passenger cars in relation to carbon dioxide emissions.

A total of 15 nations provide tax sweeteners for those who drive electric models, which may persuade buyers to shop around for the best eco-friendly business insurance deal this year.

Such a strategy might be a good way of reducing expenditure on fuel costs and road taxes.

The UK is among the countries that levy taxes based on emissions rate, alongside the likes of France, Germany, the Netherlands and Spain.

Businesses might increasingly consider electric mobility to be an important part of the modern motoring landscape.

The Mitsubishi i-MiEV – priced at £33,699 including VAT for orders delivered from January 1st 2011 - is one motor which may appeal to anyone after a new electric vehicle deal.Copyright Performance Direct News

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