Chancellor Philip Hammond has today pledged to build an economy “fit for the future” by announcing new air quality funding, tax incentives for electric cars, and measures to combat plastic waste in his 2017 Autumn Budget. “We’ll establish a new £400m charging infrastructure fund, invest an extra £100m in the plug-in car grant and a further £40m in charging R&D.” The Chancellor also explained that his Government will clarify the law so that people who charge their electric vehicles at work will not face a benefit-in-kind charge from next year – “the tax system can play an important role in protecting our environment,” he said.
Edie 22nd Nov 2017 read more »
The government committed to an expansion of electric cars yesterday with more roadside chargers, grants to act as incentives for purchases and tax breaks for company car drivers. Philip Hammond said that a £400 million fund would be created to boost the number of chargers on the road network. The fund will go to electric charger companies to upgrade infrastructure after claims that too many chargers are slow or frequently broken. The chancellor said that a further £100 million would be spent maintaining a car-buying subsidy until 2020. It contributes up to £4,500 towards the cost of buying an electric vehicle to encourage motorists to drive green vehicles.
Times 23rd Nov 2017 read more »
Daily Mail 22nd Nov 2017 read more »
Guardian 22nd Nov 2017 read more »
