questionText: To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing a compensation scheme for people for whom the resale value of their electric vehicle was affected by changes to the level of taxation for electric vehicles after 1 April 2025.
answerText: There are no current plans to introduce a compensation scheme of this design. Vehicle Excise Duty (VED) is a tax on vehicles used or kept on public roads and is designed to ensure all road users pay a fair contribution. Revenue from motoring taxes helps t...
heading: Electric Vehicles: Excise Duties