US EditionUK Government Considers Raising Tax Threshold to Support Electric Vehicle Adoption
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UK Government Considers Raising Tax Threshold to Support Electric Vehicle Adoption
The UK government is reviewing a key tax policy that could ease the financial burden on electric vehicle (EV) buyers, signalling a potential increase in the £40,000 threshold for the Expensive Car Supplement (ECS), which critics say undermines the country’s electrification targets. Under the current regime, cars priced over £40,000 are subject to an additional [...] The post UK Government Considers Raising Tax Threshold to Support Electric Vehic…
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