Major change impacting over 1.5million drivers could be confirmed TOMORROW – and saves you £200 a year
The major overhaul is expected to affect 1.5 million
2
A proposed change to motoring laws could save drivers hundreds of pounds
Credit: Getty
2
The Government is planning to slash VAT when charging Electric Vehicles
Credit: AFP
On Friday, MPs will meet in the House of Commons to discuss slashing VAT when using electric charging points.
The bill - named The Exemption from Value Added Tax (Public
Currently, motorists pay 20 per cent VAT when charging
According to data from Zapmap, EV drivers spend £1,690 on charging their cars per year.
Read More on Electric Vehicles
With the bill proposed by Labour, that cost could fall by a staggering £211 per year.
Daniel Kunkel, the CEO at sustainable energy company GRIDSERVE, said: "Removing VAT from public charging would be a significant move towards levelling the playing field and making EV ownership easier for everyone, no matter where they live.
"The current disparity between the 20 per cent VAT on public EV charging and the per cent on home charging puts a disproportionate financial burden on those without home charging facilities, which could affect more lower-income households.'
It is hoped that the move will encourage more drivers to give up diesel and petrol cars for good, as the Labour government continues to pursue its Net Zero goal.
Most read in Motors
The UK has a legally binding obligation to hit the target by 2050, after the then-Prime Minister Theresa May signed the commitment into law.
The plans to slash VAT costs for drivers come just days after Chancellor Rachel Reeves delivered her spending review.
Top 5 takeaways from Spending review
In her speech, the Chancellor said she would be injecting a staggering £300 billion into public services.
The defence sector and the NHS were the biggest beneficiaries, with the National Health Service receiving a huge £29 billion cash boost.
A staggering £39 billion will be injected into the housing sector, in a major drive to build social and affordable housing.
The controversial Winter Fuel Payment cuts are being rolled back too, with three-quarters of pensioners being eligible for the seasonal payment once again.
In a bid to support their Net Zero mission, the government also announced that construction would begin soon on a £14billion Sizewell C nuclear power plant - which will provide electricity for six million homes and create over 10,000 jobs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Irish Sun
3 hours ago
- The Irish Sun
Labour's plan to recognise Palestine even if Hamas does not release hostages SLAMMED by families of captives
HOSTAGE families blasted Labour's plan to recognise Palestine — after being told failure to release loved-ones will not stop the move. At a Foreign Office meeting, the relatives of A statement issued by their lawyers Adam Rose and Adam Wagner KC said the conditions for recognising a Palestinian state would be assessed in late-September. But it added: 'It was made obvious to us at the meeting that, in deciding whether to go ahead with recognition, the release or otherwise of the hostages would play no part in those considerations.' They warned the UK's new position would not help 'and could even hurt' hostages. They said PM It abandons efforts to press both sides, they add. Sir Keir outlined the route to recognising a Palestinian state this week. He was met with outrage by hostage families and concern from Jewish community leaders. Most read in The Sun Meanwhile, US President Donald Trump vowed to 'get people fed' in Gaza after sending envoy Steve Witkoff to tour a US-backed aid site in Hamas agrees to release 10 hostages as terror group issues ceasefire red lines after Trump pressured Israel to end war 1 Emily Damari, 29, who was held in Gaza and released in January, called the PM's plan a 'moral failure' Credit: AP
The Irish Sun
5 hours ago
- The Irish Sun
Inside Queen Elizabeth II's luxury helicopter as it goes on sale for staggering 7-figure sum
THE plush interior of Queen Elizabeth II's luxury helicopter is revealed for the first time as it goes on sale. King Charles is flogging the trusty eight-seater red Advertisement 5 Queen Elizabeth II's luxury helicopter is going on sale Credit: Getty 5 The plush interior of the Queen's chopper is revealed for the first time as it goes on sale Credit: Bav Media 5 King Charles is flogging the trusty eight-seater red Sikorsky and replacing it with two £8.5million eco-friendly Leonardo choppers Credit: Bav Media 5 The late monarch's copter is expected to fetch at least £5million Credit: Getty Exclusive pictures, the first of its interior, show comfy grey leather and suede seats and a royal blue carpet. Tinted windows, magazine racks, a cordless phone and a wooden clock are among the other extras. The chopper, which has flown 5,222 hours, was described as a 'Head of State Aircraft' with 'one owner since new' when listed for sale by Aero Asset. It was part of Advertisement Read More on Royals Her Majesty made countless trips in it, although royal experts claim she feared flying. One was from Meanwhile, her customised The supercharged L322 she used between 2006 and 2008 has modifications including side steps, rear grab handles and a dog guard for her Advertisement Most read in Royals It has done just under 120,000 miles and is tipped to sell for up to £70,000 at Iconic Auctioneers, of Ashorne, Warks. Most iconic moments of the last 20 years revealed - from the King's coronation to the late Queen's helicopter parachute 5 Her Majesty's customised Range Rover is also for sale and is tipped to sell for up to £70,000
Irish Times
10 hours ago
- Irish Times
Labour backs Connolly, and Flatley jumps the shark
Cormac McQuinn and Jack Horgan-Jones join Hugh Linehan to look back on the week in politics: The Labour Party has backed Independent TD Catherine Connolly's bid for the Áras . And there is little appetite in Sinn Féin for Mary Lou McDonald to run for president as party figures move closer to the idea of also backing Connolly. Elsewhere, presidential hopeful Michael Flatley had to explain why he wasn't a threat to great white sharks everywhere. The ongoing debate over the Occupied Territories Bill and whether it will include services in its final iteration, and the continuing Government move towards getting rid of the so-called triple lock governing overseas deployment of Irish troops will likely be two issues that will be put to any presidential candidates. The Social Democrats readmitted Dublin Bay South TD Eoin Hayes after his eight-month suspension from the party. And Donald Trump is intent on more trade chaos as he announced a slew of new tariffs. But will Ireland come out of it all relatively unscathed? Plus, the panel picks their favourite Irish Times pieces of the week: Rosie O'Donnell's new show at the Olympia gets a stinker of a review, the inside story of JP McManus's failed €30m Irish Rugby Experience , and Ryan Tubridy living his best life in London.
