questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases in Benefit-in-Kind rates for electric vehicles on consumer uptake; and whether her Department has considered the effect on adoption rates if Benefit-in-Kind rates exceed 10%.
answerText: At Autumn Budget 2024, the Government announced new Company Car Tax rates for the years 2028-29 and 2029-30, which increase for both electric vehicles (EVs) and petrol/diesel vehicles, while still maintaining generous incentives to support EV take-up. The...
heading: Electric Vehicles: Fringe Benefits