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VAT Shouldn’t Be Scrapped On EV Charging Sessions!

VAT Shouldn't Be Scrapped On EV Charging Sessions!

Video by Nicolas Raimo via YouTube
VAT Shouldn't Be Scrapped On EV Charging Sessions!

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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