Reeves plans pay-per-mile tax' on electric vehicles in Budget
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Reeves plans pay-per-mile tax' on electric vehicles in Budget
"Drivers using electric vehicles (EVs) could face a new pay-per-mile tax in Rachel Reeves' Budget, according to reports. The chancellor is considering plans that will see drivers of electric cars charged 3p per mile, to be announced in her fiscal statement on November 26, the Daily Telegraph reported. The tax would raise billions of pounds to help Ms Reeves get the extra revenue needed to balance the nation's books."
"The paper said that the scheme is set to kick in from 2028, by which time up to six million people are set to be driving electric cars. The 3p charge would equate to around an extra 12 on a journey from London to Edinburgh, according to the Telegraph, who also reported that drivers will have to estimate their own usage rather than it being tracked electronically."
Chancellor Rachel Reeves is considering a pay-per-mile tax that would charge electric car drivers 3p per mile, to be announced in the fiscal statement on November 26. The levy would begin in 2028 and could raise billions of pounds to help balance the nation's books as fuel duty revenue falls. By 2028 up to six million people could be driving electric cars. The 3p charge would add roughly £12 to a London-to-Edinburgh trip. Drivers would be required to estimate their own mileage rather than being tracked electronically. Electric cars have been subject to vehicle excise duty since April.
Read at www.independent.co.uk
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