Motor Vehicles: Exhaust Emissions
(asked on 11th January 2017) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what fiscal steps he is taking to support the further take-up of ultra low-emission vehicles.
This question was answered on 17th January 2017
Ultra Low Emission Vehicles (ULEVs) benefit from lower first-year VED rates and lower Company Car Tax rates.
Companies are able to access 100% first-year capital allowances when they install electric chargepoints, and employees will continue to have access to salary sacrifice schemes in order to purchase ULEVs.
The Government is providing approximately £975 million between 2015 and 2020 to support uptake and ULEV manufacturing in the UK.