Electric vehicles you were warned - Benefit in Kind taxation

Honest John Back Room » Motoring discussion
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Fri 1 May 2015 17:42
Electric vehicles you were warned - Benefit in Kind taxation - oldroverboy.

Now 5% bik on full list price of car...

Other low emission groups will follow to fill shortfall.....?

Now we have paid vat on our "new" or newer car purchases will the rates be jacked back up?

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Sat 2 May 2015 22:35
Electric vehicles you were warned - Benefit in Kind taxation - Smileyman

Gov needs to make up it's revenue, massive debt to pay off, whichever party or group of parties wins the election the bigger surprise would be if tax had not been introduced on these cars - remember, electric technology justs shifts the pollution from roadside to the power station, wherever that is.

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Sun 3 May 2015 11:39
Electric vehicles you were warned - Benefit in Kind taxation - madf

As we are running out of power station capacity due to fires and closages and no new ones are on order, all eelctric cars seem a risky buy.

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Sun 3 May 2015 11:54
Electric vehicles you were warned - Benefit in Kind taxation - gordonbennet

And history repeats itself.

They encouraged the good little consumer into Diesel ownership, uh oh revenue loss, reverse reverse.

Electric will be encouraged untill everyone has one, then they'll pull the rug out just the same.

Few years ago we were heading into an ice age, then it's global warming, butter's bad for you, no it's not any more etc etc.

If you pay any attention to them and worse still act on their instruction of the day it only encourages them.

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Sun 3 May 2015 22:26
Electric vehicles you were warned - Benefit in Kind taxation - jthan

Are there no other accountants on this forum?

The latest answer (subject to any change by the next Government) is that the rate on zero emission cars is to be increased annually, reaching 16% in 19/20.

Full details at page 79 of the March 2015 OOTLAR: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/418689/OOTLAR_v8.1.pdf

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Mon 4 May 2015 13:06
Electric vehicles you were warned - Benefit in Kind taxation - Sofa Spud

Some people choose to drive powerful cars with big engines that pay a lot of tax, while other people drive older, poorly maintained cars that use a lot more fuel than they would in good condition, and so end up paying extra fuel duty.

So I don't think that tax bands are a huge influence on the choice of car.

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