- UK Government rejects proposals for bringing back electric car purchase grants and equalising VAT between public and home charging
- Government agrees to maintain low company car tax BIK rates
- Plug-in Car Grant was closed in 2022, but other incentives will continue until at least 2024/25
- Government states that expanding VAT relief for public charging would impose additional pressure on public finances
- Company car tax rates for electric vehicles will increase by 1% year on year until reaching 5% by April 2028
- Government rejects recommendation for tenants’ ‘right to charge’ policy
Source: businesscar.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.
