Electric Vehicles: Taxation
(asked on 11th September 2023) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has plans to introduce new taxes on the (a) purchase and (b) running costs of electric vehicles.
This question was answered on 19th September 2023
In his 2022 Autumn Statement, the Chancellor announced that from April 2025 electric cars, vans and motorcycles will begin to pay Vehicle Excise Duty in the same way as petrol and diesel vehicles. Electric cars with a list price of £40,000 or more will also be liable to pay the Expensive Car Supplement.
As with all taxes, VED is kept under review and any changes are considered and announced by the Chancellor.