Taxis: VAT Exemptions

HM Treasury written question – answered on 6th March 2017.

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Photo of Gill Furniss Gill Furniss Shadow Minister (Business, Energy and Industrial Strategy) (Steel, Postal Affairs and Consumer Protection)

To ask Mr Chancellor of the Exchequer, if he will assess the potential merits of exempting all new zero-emissions taxis from VAT from 2018 to 2025.

Photo of Jane Ellison Jane Ellison The Financial Secretary to the Treasury

There are no plans to alter the VAT treatment of new taxis.

Where a driver who owns or rents a taxi, or a business which operates a number of taxis, is registered for VAT, they will generally be able to recover any VAT they incur in the course of their business activities.

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