Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact on electric vehicle usage by logistics companies of extending the 100 per cent tax-deductible annual investment allowance for capital spending to cover costs associated with increasing electricity supply to logistic sites.

Capital expenditure on plant or machinery for increasing the level of electricity available to logistics sites can already qualify for capital allowances including the Annual Investment Allowance (AIA) where the normal conditions for such allowances are met. For example, to be eligible for relief under the plant and machinery capital allowances regime, assets must generally be owned, or treated as owned, by the business.

As capital allowances are fact specific, any assessment of the eligibility of expenditure for a particular allowance will depend entirely on the facts of the particular case.