Irish Revenue has issued eBrief No. 049/22 on updated guidance concerning benefit in kind (BIK) on employer provided vehicles, including details on the BIK exemption for electric vehicles as extended to tax years 2023 to 2025.
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Revenue eBrief No. 049/22 Benefit in kind on employer provided vehicles
Tax and Duty Manual Part 05-01-01b, BIK on employer provided vehicles, has been updated in section 6.3 to reflect changes made by Finance Act 2021 to the benefit in kind regime which applie…