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    Nov 17th Budget - Tax impact for EVs

    and potentially cheaper fuel still - I know thats closing a bit at the moment, but electricity should come down if they can break the link to gas prices, and twitter has just found a planned 12p/litre rise in fuel duty next year :ROFLMAO:
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    Nov 17th Budget - Tax impact for EVs

    as others have mentioned though, the tories will hopefully be gone before this change comes into effect, although it will be legislated for and will be the default position unless labour actively come in and change it.
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    Nov 17th Budget - Tax impact for EVs

    yeah, I'm not sure how you can put EV rates up (going back to cars registered 5 years ago!) and keep other rates lower? I'm still paying £30 for my diesel, surely that wont still be £30 come 2025??
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    Nov 17th Budget - Tax impact for EVs

    5.35 Company Car Tax (CCT) Rates - The government is setting rates for Company Car Tax until April 2028 to provide long term certainty for taxpayers and industry in Autumn Finance Bill 2022. Rates will continue to incentivise the take up of electric vehicles: • appropriate percentages for...
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    Nov 17th Budget - Tax impact for EVs

    here is the detail... £165/year The government will legislate for this measure in Autumn Finance Bill 2022. This means: • new zero emission cars registered on or after 1 April 2025 will be liable to pay the lowest first year rate of VED (which applies to vehicles with CO2 emissions 1 to...
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    Nov 17th Budget - Tax impact for EVs

    be interested to see the detail on that - will it only apply to vehicles purchased from 2025? It will surely be lower than ICE cars?
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    Nov 17th Budget - Tax impact for EVs

    What if you drive your car out of the country though? 500 Mile round trip to Dover and 10k travelling around France 😂
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    Nov 17th Budget - Tax impact for EVs

    I hadn't realised how high car tax was these days, I'm still driving a 2013 diesel which comes in at £30/year. I'd be happy paying that on an EV, I think much more than that is wrong at this time while trying to convince people to move away from fossil fuels
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