Car tax rates will ‘have to go up’ on electric vehicles
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
However, the Treasury has previously warned the switch to electric cars could cost them up it £40billion in loss of fuel duty and VED rates. A source recently told the Daily Mail there was
“an issue around revenues that will have to be addressed in the future". It came after plans for a road pricing pay per mile scheme were scrapped ahead of the March budget. The
Transport Select Committee is conducting more interviews this Autumn on what a scheme would look like.