Electric vehicles (EVs) have gained considerable momentum in recent years, prompting governments worldwide to adopt supportive policies. In the UK, the government has set ambitious targets for transitioning to electric mobility, including a ban on the sale of new pet...
There is currently no road tax on electric cars, which is one of the biggest tax benefits of being an EV owner. As of April 2025, when they will be taxed the same as petrol, diesel and hybrid cars. Drivers who buy an electric car now, such as the Kia Niro EV and Kia EV6, can...
LONDON, Feb. 4 (Xinhua) -- The United Kingdom's (UK) tax revenue losses are projected to total 35 billion British pounds (47.4 billion U.S. dollars) when petrol-powered vehicles are phased out by 2030, lawmakers on the Transport Committee of the House of Commons, the lower house of t...
As the UK pushes towards a greener future, the Benefit in Kind (BiK) rates for electric cars have become a hot topic for company car drivers and fleet managers alike.
The UK tax system may seem complicated to newcomers. However, once you know which taxes you may need to pay, the process becomes much simpler. Read on to learn about the different taxes you may come across when living in the UK, an explanation of each, and whether they will affect you...
What is the overall cost of running an electric car? Q Can you claim tax back on electric cars? Images shown are for illustration purposes only and may not be to full UK specification. Features shown are not standard across the Kia model range and availability will vary dependant on model....
Money for electric cars, health insurance, housing, and so forth should be appropriated and sent as checks, not hidden as tax deductions or credits. The bottom line is that we would have a much less destructive system with a national sales tax. That being said, there is a very relevant ...
From checking out your local library to taking a nature hike, there are plenty of inexpensive and free ways to entertain yourself. Geoff WilliamsDec. 4, 2024 How Stretch Theory Can Help You Save Spend on what you want by tapping into as many cost-cutting techniques as possible. ...
Other mooted announcements included the introduction of VAT on new electric cars, which would have increased prices massively and caused considerable grumbling.“Because the OBR has forecasted that half of all new vehicles will be electric by 2025, I have decided that from then, electric vehicles ...
This big shopping day can be a great time to save money on all kinds of purchases – from the comfort of your home. Erica SandbergNov. 25, 2024 Start Your Holiday Shopping Early Early bird shoppers can get the best selection and avoid crowds. ...