Electric Vehicles: Excise Duties

Summary

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

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Timeline

1. 29 August 2025

   Written question

   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

   Source: Commons

2. 9 September 2025

   Answer

   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...

   Source: Written answer

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• · Treasury · Answering body

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