{"id":244212,"date":"2023-11-05T04:19:22","date_gmt":"2023-11-05T04:19:22","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=244212"},"modified":"2023-11-05T04:19:22","modified_gmt":"2023-11-05T04:19:22","slug":"im-an-ev-expert-these-electric-car-tax-fees-should-not-be-raised","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/car-reviews\/im-an-ev-expert-these-electric-car-tax-fees-should-not-be-raised\/","title":{"rendered":"I\u2019m an EV expert – these electric car tax fees should not be raised"},"content":{"rendered":"

GB News guests debate using electric cars in 2022<\/h3>\n

Electric vehicle car tax rates should not rise \u201csignificantly more\u201d with fees set to increase within years.<\/p>\n

Fiona Howarth, CEO of Octopus EV said electric car benefit-in-kind rates should not be increased above the five percent planned before the end of the decade.<\/p>\n

Company car tax EV rates currently sit at two percent and will be frozen at this level until 2025.<\/p>\n

However, the Government then has plans to increase costs by one percent over the next three years.<\/p>\n

This will see salary sacrifice rates sit at three percent by 2025\/26, four percent by 2026\/27 and then five percent by the end of 2028.<\/p>\n

READ MORE <\/strong> New driving law changes this November with petrol and diesel owners at risk<\/strong><\/p>\n

<\/p>\n

However, Ms Howarth has urged officials to not increase rates anymore for fears it could deter those from switching.<\/p>\n

Speaking exclusively to Express.co.uk, she said: \u201cI think the cars are getting better as well and I think the price point of cars is coming down.<\/p>\n

\u201cFive percent is still good. Five percent is still low and salary sacrifice and benefit-in-kind on EVs is still very positive by 2028.<\/p>\n

\u201cI think keep it there. I don\u2019t think we should raise it significantly more but I think that\u2019s good.\u201d<\/p>\n

Benefit-in-kind is the tax charges motorists will pay to take out a company car through an employer salary sacrifice scheme.<\/p>\n

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