Charging prices appear to be on the increase at instavolt

[Les burrows]

Just doing a bit of route planing and don’t know when it happened but instavolt is now £0.40 up from £0.35 pkw
Les
Edit they increase prices on May 27th I surpose this was inevitable as wholesale prices are rising fast

 

[DaringSquirrel]

HMRC have clarified that VAT must be charged at 20% as opposed to the lower 5% domestic fuel rate, hence the price rise. InstaVolt had only been charging 5% VAT up until now - I recall reading somewhere that others had already been charging 20% rate of VAT and so shouldn't be raising prices (wishful thinking?...)

 

[DaringSquirrel]

HMRC confirms 20% VAT rate for public EV charging

Price hikes are on the horizon for InstaVolt’s charging, following clarity on the VAT rate for public charging, while other networks remain unaffected.

www.current-news.co.uk

 

[Les burrows]

Thanks for that daring I had not seen this before
Les