Squarecircle
Well-Known Member
- Thread starter
- #1
Good news from the budget for people in the UK with electric cars :
1. Company car rates have been left alone and as previously announced - so enjoy the 0% from April.
2. Plug in grant to be extended to 2022/23 - it was due to expire at the end of the month
3. VED expensive car charge (over £40K list) has been scrapped on electric cars registered after 1st April.
4. Investment - "support drivers to move away from polluting vehicles, the Budget announces investment in electric vehicle charging infrastructure, which will ensure that drivers are never more than 30 miles from a rapid charging station, provides £532 million for consumer incentives for ultra-low emission vehicles, and reduces taxes on zero emission vehicles". Taken with a pinch of salt.
Not so great for the entrepreneurs out there with the tax changes though but that is a longer term problem.
1. Company car rates have been left alone and as previously announced - so enjoy the 0% from April.
2. Plug in grant to be extended to 2022/23 - it was due to expire at the end of the month
3. VED expensive car charge (over £40K list) has been scrapped on electric cars registered after 1st April.
4. Investment - "support drivers to move away from polluting vehicles, the Budget announces investment in electric vehicle charging infrastructure, which will ensure that drivers are never more than 30 miles from a rapid charging station, provides £532 million for consumer incentives for ultra-low emission vehicles, and reduces taxes on zero emission vehicles". Taken with a pinch of salt.
Not so great for the entrepreneurs out there with the tax changes though but that is a longer term problem.
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