'Fair tax for a fair transition': SMMT calls for tax incentives to accelerate EV uptake

Stuart Stone
clock • 4 min read
Credit: iStock
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Credit: iStock

Chancellor urged to halve VAT on new EVs, reform Vehicle Excise Duty, and deliver more affordable public charging through upcoming Budget

The auto industry has today urged the Chancellor to halve VAT on new electric vehicles (EVs), amend upcoming Vehicle Excise Duty rates, and cut VAT on public charging to five per cent at next week's Budget,...

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Stuart Stone
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