- Government responds to House of Lords EV report
- Pledge to keep company car tax low
- Ruled out changes to VAT rules for EV charging and new incentives for plug-in retail car market
- Recommendations include targeted grants for new EV purchases and equalizing VAT for charging
- Government agrees with BIK recommendations, increasing company car taxes for EVs from 2025
- Grants for purchase of new EVs to continue until at least financial year 2024/25
- VAT differential between public and home charging remains unchanged
- Government defends decision, citing pressure on public finances
- House of Lords EV inquiry chair expresses disappointment in Government’s response
Source: fleetnews.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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