Electric Vehicles: Excise Duties
Commons · Question 72008 · Tabled 29 Aug 2025 · Treasury · Official record
Answered 9 Sep 2025
Question
Asked by Steve Darling
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing a compensation scheme for people for whom the resale value of their electric vehicle was affected by changes to the level of taxation for ele
Answer
Answered by Dan Tomlinson, 9 Sep 2025
There are no current plans to introduce a compensation scheme of this design. Vehicle Excise Duty (VED) is a tax on vehicles used or kept on public roads and is designed to ensure all road users pay a fair contribution. Revenue from motoring taxes helps t...