Today's Rocket Words: Your 5 words and meanings to learn

CCT

company car tax is levied when your employer allows you or your family to use the company car outside of work; it's considered a 'perk' provided by your employer and is treated as a Benefit-In-Kind (BIK) for tax purposes

plug-in van grant

a grant offered by the government that acts as an incentive for drivers to switch to renewable energy vehicles; the grant will pay for 35% of the purchase price for small vans, up to a maximum of £2,500

zero emission car

a vehicle that does not emit exhaust gas or other pollutants from the onboard source of power

The Eco Experts

a London based company that helps homeowners find eco-friendly solutions

VED

Vehicle Excise Duty is an annual tax that is levied as an excise duty and which must be paid for most types of powered vehicles which are to be used (or parked) on public roads in the UK

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