Electric cars
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At the moment a lot of people are saying that they run an electric car and get their 'fuel' for free (employer allows charging, motorway service charging points etc). This is all part of the drive to get people to change, but as soon as a substantial number of cars are electric, this will not be sustainable and every owner will have to pay market rate for their charging. No such thing as a free lunch, in the longer term.
Very true. What interests me is where the government is going to recover all the lost revenue from road tax and fuel duty when electric cars do eventually become predominant.
I'm guessing they can't easily just increase tax on electricity because that's so widely used for all manner of other things, so how will they do it? Taxing fast-charging points? Introduce road charging? Introduce an annual mileage tax - perhaps payable during MoT test time?0 -
Increase income tax and/or VAT.trickydicky802 wrote: »Very true. What interests me is where the government is going to recover all the lost revenue from road tax and fuel duty when electric cars do eventually become predominant.
I'm guessing they can't easily just increase tax on electricity because that's so widely used for all manner of other things, so how will they do it? Taxing fast-charging points? Introduce road charging? Introduce an annual mileage tax - perhaps payable during MoT test time?0 -
You mean all those people who don't have cars should subsidise those who do through general income tax or VAT?0
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trickydicky802 wrote: »Introduce an annual mileage tax - perhaps payable during MoT test time?
That would be the easiest way and might encourage some move to public transport, walking and cycling. Maybe like income tax a free allowance and then increasing rates, to reflect the congestion you are causing.0 -
Which, I'm sure, has nothing whatsoever to do with...
https://delano.lu/d/detail/news/luxembourg-rolls-out-new-electric-subsidies/201434
There is no question a €5000 rebate after 7 months (cash in hand) is a wonderful incentive. This is an increase as before you could offset €5000 against your tax making the incentive worth €2/3000 dependent on your marginal tax rate.
A further incentive is the large number of charging points around the country. There are plenty charging points at the park and rides to encourage cross border workers to go electric but Financial incentives differ in Germany, France and Belgium.
The present Luxembourg Government and the local communes appear very serious in promoting a green footprint with joined up policy’s including FREE public transport from March 2020. (Legislation already in law not a political “promises”)
However with Luxembourgers love of cars and so many daily car driving cross border workers (well over 125,000 or more, difficult to keep up with current figures) getting people to change their habits is not easy.
Britain does appear to suffer a lack or often changing political will towards electric vehicles.There will be no Brexit dividend for Britain.0 -
The duty on fuel is just another convenient way of raising tax revenue.trickydicky802 wrote: »You mean all those people who don't have cars should subsidise those who do through general income tax or VAT?
There is no logical reason for taxing the motorist in particular, any more than there is for example for taxing house-buyers (stamp duty) or the recently bereaved (IHT). Except perhaps that all three arguably can afford it.
It would be much simpler, and vastly cheaper, to add say 2p to income tax than to devise a whole new way of taxing the motorist.0 -
If, as or when robo-taxi mileage expands, then business taxes would probably solve the issue quite simply.Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW). Two A2A units for cleaner heating.
For general PV advice please see the PV FAQ thread on the Green & Ethical Board.0 -
Agree, plus all import duties should be scrapped and replaced by a average balancing increase in VAT. That might have solved the Brexit/NI border issue too. British farmers should receive their very substantial subsidies via environmental criteria not via protective food import tariffs. Why is it that governments are incapable of radical simplification? Too many lobbyists and senior civil servants with snouts jammed in troughs methinks.The duty on fuel is just another convenient way of raising tax revenue.
There is no logical reason for taxing the motorist in particular, any more than there is for example for taxing house-buyers (stamp duty) or the recently bereaved (IHT). Except perhaps that all three arguably can afford it.
It would be much simpler, and vastly cheaper, to add say 2p to income tax than to devise a whole new way of taxing the motorist.
As for motoring, congestion based taxes will probably be the way to go.0 -
Good luck with getting the money out of Uber and the like!Martyn1981 wrote: »If, as or when robo-taxi mileage expands, then business taxes would probably solve the issue quite simply.
https://economia.icaew.com/news/may-2019/hmrc-opens-uber-investigation0 -
trickydicky802 wrote: »You mean all those people who don't have cars should subsidise those who do through general income tax or VAT?
At the moment, people who drive petrol or diesel cars are paying far more in tax than is spent on road building or repairs.
There's the vehicle excise duty (road tax), VAT on fuel, duty on fuel, VAT on the duty on fuel (they actually tax you on the tax they added!), and insurance tax. That's in addition to the one-off taxes if you buy a new car.
So anyone buying an electric car is just subsidising other taxpayers less than they were before.If it sticks, force it.
If it breaks, well it wasn't working right anyway.0
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