Responding to the announcement in the Autumn Budget that Electric Vehicles (EVs) will be subject to new pay per mile taxes, while also increasing the grants available to buy new EVs, Simon Virley CB, Vice Chair and Head of Energy and Natural Resources at KPMG UK, said:
“Additional funding for electric vehicle grants is good news, reflecting the UK’s commitment to cleaner transport. However, with electricity prices still high and the new pay-per-mile charges announced, running costs will be higher as result.
“The Government has tough choices and understandably needs to start planning for the gap in fuel duty receipts that EVs will create, but it must ensure its policies work together, making the switch to electric both affordable and appealing for households. Clear, consistent signals will be key to accelerating the transition and maintaining momentum in the UK’s green ambitions.”
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Notes to Editors:
For further information please contact:
KPMG UK Media Relations
Claire Barratt
T: +44 (0)7923 439264
E: claire.barratt@kpmg.co.uk
KPMG UK Media Relations
Tel: +44 (0) 207 694 8773
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