The Toyoto Prius hybrid — once said to have the “soul of a milk-float in the body of a car” — has been a familiar sight on the school run for more than a decade. But electric cars, rather than hybrids, are set to become even more widespread with tax breaks dubbed the “free-car bonus”. Accountants have reported a flood of small business owners desperate to know whether they can buy an electric car for personal use — and save thousands of pounds in the process. The number of electric cars being sold every year in Britain has shot up more than 21%, from 59,700 in 2018 to 72,700 last year, according to the Society of Motor Manufacturers and Traders. Since April 2018 small businesses…

Source: The Times January 18, 2020 18:11 UTC