Electric Vehicles: Taxation

Treasury written question – answered on 4th July 2022.

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Photo of Stephen Hammond Stephen Hammond Conservative, Wimbledon

To ask the Chancellor of the Exchequer, when he plans to announce the Benefit-in-Kind tax rates that will be applicable for 2025-26 for electric vehicles.

Photo of Helen Whately Helen Whately The Exchequer Secretary

Like all taxes, benefit-in-kind tax rates for company cars, also known as Company Car Tax (CCT), are kept under review. The Government aims to announce CCT rates at least two years ahead of implementation to provide certainty for employers, employees and fleet operators.

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