Submitted by David Graystone on Wednesday 10th November 2021
Published on Tuesday 16th November 2021
Current status: Open
Open until: Monday 16th May 2022
Current Signatures: 12
(count is updated approximately hourly)
Reduce or remove VAT on low emission vehicles in order to speed up adoption
The Government has set emissions targets, and reducing the tax on new cars with zero, or very low, emissions should help speed up the transition from older vehicles and encourage investment in low emission vehicles and associated infrastructure.
VAT charged on new electric and hydrogen vehicles help make them prohibitively expensive for most car owners to make the switch, even for entry-level cars. The lower end of the car market are unlikely to adopt low or zero emission vehicles until resale prices substantially fall.
Removing or vastly reducing VAT should increase the turnover rate of these vehicles, speeding adoption, reducing vehicle emissions and encouraging investment in associated infrastructure
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
184.108.40.206 Wed, 08 Dec 2021 01:24:38 +0000