VAT increase from 5% to 20% on public chargers and InstaVolt increasing to 40p/KWh

[EWD]

It looks as though HMRC have upped the VAT level on public charging from 5% to 20%.

Vastly increasing the cost of charging for those who don't have access to charging at home.

See the following statement from InstaVolt:

InstaVolt CEO issues statement in response to HMRC VAT Brief – 25 May 2021 | Instavolt

 

[mj224]

Kind of inevitable really.The Tax people need to redress the loss of fuel tax, in order, at least to cover the cost of road maintenance and development.

 

[EWD]

Looks like it might be a bit of a false alarm. Apparently most providers already charge 20% VAT.

InstaVolt are still puting the prices up to 40p/KWh.

 

[Fishettibean]

Revenue and Customs Brief 7 (2021): VAT liability of charging of electric vehicles

www.gov.uk

Thats the brief. I think there are other suppliers who were offering reduced price thanks to not charging correct vat via app or rfid subscription, thinking the "de minimis provision" applies.