Andy Burnham told to make crucial update to October 2p per mile drive rule
Andy Burnham has been told to make a major update to driveway rule changes that came into effect this October. The Labour leader and Prime Minister introduced cuts to domestic electricity VAT rates from October 1, with fees cut from 5% to 0%. The move was designed to help homeowners with their electricity bills, but the plan has also had a knock-on effect for electric car owners across the country. Those with access to their own driveway or off-street parking space can cash in, with experts suggesting bills are now set to be as low as 2p per mile for those using a smart tariff.
TL;DR
- Domestic electricity VAT was cut from 5% to 0% on October 1, benefiting electric car owners with driveways.
- Home charging costs can now be as low as 2p per mile for those using smart tariffs.
- Public charging VAT remains at 20%, making it approximately 12p per mile.
- Labour has reduced red tape on cross-pavement charging solutions for those without driveways.
- Experts suggest equalizing public charging VAT with the domestic rate could save high-mileage EV drivers hundreds of pounds annually.
- A survey indicates 77% of respondents agree cheaper public charging would increase EV accessibility for drivers without home charging.