Video by Nicolas Raimo via YouTube
Source
Campaign groups are trying to lobby the government to reduce the VAT rate on public charging from 20% down to 5% VAT and in this video, I’ll be telling you why I think that’s the wrong thing to lobby for and why I think VAT should be 20% on public charging plus the methods and ideas I have to reduce the cost of public charging by MUCH more than 20%. As always I’d love to know what you think the cost to charge an electric car should be and what VAT rate you think should apply.
00:00 Scrap VAT on EV Chargers is WRONG
00:25 This isn’t a popular option
00:52 How VAT works on electric
01:31 Some Networks Charged 20% prior to HMRC
03:10 Prices of ENERGY increased
03:40 Why I don’t think VAT reduction WILL WORK
04:08 My solution to fix public charging costs
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