Home > Off Topic > it was only a matter of time |
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Procta Member Since: 03 Dec 2016 Location: Sunderland Posts: 5175 |
well what a surprise
https://www.dailymail.co.uk/news/article-1...tfall.html Defender TD5 90 ---/--- Peugeot 306 HDI hatch back Success is 90% Inspiration and 4 minutes Preparation # you can make it! |
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11th Nov 2022 11:23pm |
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pjm-84 Member Since: 12 Apr 2021 Location: Hampshire Posts: 661 |
Not sure it was. What happens come 2030?
A better article on the matter, https://www.ft.com/content/405467f9-c3cd-4b4d-bc48-2582890e7820 |
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11th Nov 2022 11:41pm |
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pjm-84 Member Since: 12 Apr 2021 Location: Hampshire Posts: 661 |
Why is it going to drain? It will not be retrospective.
FT article mentions 2025/26 but who knows? However its has been talked about due to the rise in EVs , 2030 looming and how the government will "plug" the loss of VED / fuel revenue. (which stands at £35billion per annum) Its been done numerous times in the recent years, reducing the grant to buy and less emphasis on emissions within the VED post the first year VED. |
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12th Nov 2022 8:06am |
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BrickBox Member Since: 05 Oct 2021 Location: Wales Posts: 826 |
Does that mean every new electric car over £40k will be in the top tax bracket for 3 years? 2008 2.4 110 Utility Station Wagon XS.
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12th Nov 2022 8:12am |
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LR Nuts Member Since: 10 Aug 2022 Location: UK Posts: 1122 |
well we as owners of New Defender have to pay 'Posh car' tax
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12th Nov 2022 9:08am |
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kenzle8a Member Since: 12 Feb 2020 Location: None Posts: 1074 |
They will have to balance the books, the EV will create some form of nightmare for the treasury. Its nigh on impossible (at present) to add duty to domestic EV charging, esp if you have a solar set up to charge your car, I don't think even the tories would stoop to taxing sun light (for now)... I suspect some form of monthly vehicle license being levied, if you take a modern ish Euro 4 car pre 2006 doing 12k a year (I will use my Mini as an example) Tax = £220 a year / 18 a month. Fuel Duty over 12k miles at £1.61 a litre (in my car thats about 24 tanks of fuel a year) = £996 in duty. So an electric car owner might now be looking at at least something similar of £1216 a year of £101 per month to have an EV. |
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12th Nov 2022 9:16am |
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pjm-84 Member Since: 12 Apr 2021 Location: Hampshire Posts: 661 |
Sure is going to be difficult. I can see VED coming for EVs. But taxing electric soley for vehicles/ and monitoring it, will be difficult so you're left on pay per mile. But then you will need to apply to all.
Not a lot of options. Probably a tax on paid EV charging and the benefit that additional renewables bring will be offset by duty at source. Ie we will become use to high electric costs |
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12th Nov 2022 11:43am |
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Tim in Scotland Member Since: 23 May 2007 Location: The Land that time forgot Posts: 3753 |
EV owners are already taxed on their cars - you charge at a public/ commercial charger and pay 20% VAT on your charge cost, if you charge at home without solar panels then you pay 5% VAT on the electricity. The more electricity you use the more VAT you pay. Pangea Green D250 90 HSE with Air Suspension, Off-road Pack, Towing Pack, Black Contrast roof , rear recovery eyes, Front bash plate, Classic flaps all round, extended wheel arch kit and a few bits from PowerfulUK Expel Clear Gloss PPF to come
2020 D240 1st Edition in Pangea Green with Acorn interior. Now gone - old faithful, no mechanical issues whatsoever ever but the leaks and rattles all over the place won’t be missed! |
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12th Nov 2022 8:12pm |
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Jabberwocky Member Since: 27 Oct 2021 Location: Luxembourg Posts: 223 |
Well not exactly a surprise is it. They have to raise a certain amount, as the number of low emission cars go up and the number of high emission decreases the only way to keep raising that money is to start taxing cars you previously didn’t tax🤷♂️🤷♂️
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13th Nov 2022 5:27pm |
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blackwolf Member Since: 03 Nov 2009 Location: South West England Posts: 17391 |
I have little doubt that the future will be road pricing and paying by the mile, probably on top of some form of non-usage-dependent punishment tax.
I am so glad that I am not of the next generation! |
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13th Nov 2022 5:34pm |
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