I get about 55 mpg (I think !) from my car, so that is 12 miles per litre.
So to emulate a 3p per mile tax you'd need to increase fuel duty by 36p.
Other half's car isn't quite as efficient but she does fewer miles - fuel duty would have to go up maybe 25-30p to replicate the 3p charge or so for us ?
1.5p per mile for hybrids is massive compared to pure petrol or diesels quite honestly probably about equivalent of 15-20p hike (New cars are quite fuel efficient !)
Fuel duty is currently 53p/l.
To tax EVs equivalently to your car, would be 4.4p/mile.
The main reason EVs are cheaper than ICE cars to run is the massive tax arbitrage. Take that away, and for people who can't charge at home, or who don't control their own electricity tarrif, they are significantly more expensive to run than a ICE.
As the resident EV geek ('I'm an influencer don'tcha know') can I boggle at the new tax?
Park how it will work for a moment. The OBR forecasts that this will reduce the number of EVs on the road by 440k. That is huge. Massive. A literal torpedoing of their own policy.
If you look at the maths its simple - you already pay 7p per mile in fuel duty on an average petrol car, so 3p a mile is cheaper.
But the problem is that you pay fuel duty as a hidden tax when you fill up. You will pay EVED as well as VED at the start of the year. A special tax only for you. Where you have to fess up how many miles you do.
Behaviourally this will have a serious effect on people. Who will then choose to pay more to pollute more.
There are positives. Luxury Car tax now starts at £50k. So if you were buying a £45k car you would save £425 in VED - worth 14,166 miles at 3p.
But you can't resolve emotional objections with facts. This is so stupid that its almost a Telegraph story...
BiB - it's worse than that, though, isn't it? The actual cost of the electricity is higher than the cost of the diesel/petrol.
£1.5bn by reducing the capital allowances on investment according to the BBC. Its genuinely difficult to think of a measure more destructive of future growth and productivity than that. I mean, WTF? We desperately need more investment, to make more in this country, to reduce the amount we import, to improve our poor productivity and to make this country an attractive place to invest compared with our competitors.
I am loving Badenoch ranting across the dispatch box. This is fun! Especially the woman to woman stuff. "Is he mansplaining to you? Do you want some support?" lolol
I was just thinking that. Much better performance than the chancellor who - in theory - should have been the star of the show.
The scores for performance and logic for the opposition speech in response are generally uncorrelated. Credit for the performance, which will help her fend off the sharks all around, but beneath it there’s no real alternative strategy being put forward by the Tories.
I am loving Badenoch ranting across the dispatch box. This is fun! Especially the woman to woman stuff. "Is he mansplaining to you? Do you want some support?" lolol
I am loving Badenoch ranting across the dispatch box. This is fun! Especially the woman to woman stuff. "Is he mansplaining to you? Do you want some support?" lolol
Really? It comes off as unpleasantly personal imho, demeans her office.
Lucky for Labour people will never see this - not voting Tory again but extremely good from Kemi
Not sure about that, Kemi’s response is on BBC, Sky and GB news and was on ITV initially too
There are some good social media friendly gags in there. There will be a Tory boost. Of course Labour actually do far better with Tories and Reform on 25 each than they do with Reform on 30.
As the resident EV geek ('I'm an influencer don'tcha know') can I boggle at the new tax?
Park how it will work for a moment. The OBR forecasts that this will reduce the number of EVs on the road by 440k. That is huge. Massive. A literal torpedoing of their own policy.
If you look at the maths its simple - you already pay 7p per mile in fuel duty on an average petrol car, so 3p a mile is cheaper.
But the problem is that you pay fuel duty as a hidden tax when you fill up. You will pay EVED as well as VED at the start of the year. A special tax only for you. Where you have to fess up how many miles you do.
Behaviourally this will have a serious effect on people. Who will then choose to pay more to pollute more.
There are positives. Luxury Car tax now starts at £50k. So if you were buying a £45k car you would save £425 in VED - worth 14,166 miles at 3p.
But you can't resolve emotional objections with facts. This is so stupid that its almost a Telegraph story...
Has a practical and robust way to collect this levy been identified yet?
State pension increased in line with the triple lock
You'll get the wails that (despite a generous settlement using triple lock) that the boomers will have to pay tax on it. It may even push some into the 45% tax bracket.
Kemi says taxes on milkshakes is punishing people 'for doing the right thing'. Que?
Yes getting their calcium
Without added sugar and colouring, though - plus it's cheaper to buy plain milk.
I just had a flashback to the late 70s and having a gloriously day-glo green "lime" milkshake on Blackpool promenade for breakfast. I suspect whatever was in it is probably illegal now - but boy, did it taste exciting as a child.
I am loving Badenoch ranting across the dispatch box. This is fun! Especially the woman to woman stuff. "Is he mansplaining to you? Do you want some support?" lolol
Really? It comes off as unpleasantly personal imho, demeans her office.
Reeves did that entirely on her own by trying to hide behind misogyny and mansplaining
Child benefit cap gone. I think this is the sum total of what this budget is about. Shore up Starmer and Reeves’ position and defer the sensible decisions for another day.
For another government.
They've got a working majority of 169 and they're a lame duck government that can't make any sensible decisions.
Pathetic.
They have made a decision, back to old Labour tax and spend but it is not a sensible one
As the resident EV geek ('I'm an influencer don'tcha know') can I boggle at the new tax?
Park how it will work for a moment. The OBR forecasts that this will reduce the number of EVs on the road by 440k. That is huge. Massive. A literal torpedoing of their own policy.
If you look at the maths its simple - you already pay 7p per mile in fuel duty on an average petrol car, so 3p a mile is cheaper.
But the problem is that you pay fuel duty as a hidden tax when you fill up. You will pay EVED as well as VED at the start of the year. A special tax only for you. Where you have to fess up how many miles you do.
Behaviourally this will have a serious effect on people. Who will then choose to pay more to pollute more.
There are positives. Luxury Car tax now starts at £50k. So if you were buying a £45k car you would save £425 in VED - worth 14,166 miles at 3p.
But you can't resolve emotional objections with facts. This is so stupid that its almost a Telegraph story...
Has a practical and robust way to collect this levy been identified yet?
What's the problem? Collect it at MOT. For cars too new, insist on a 2 minute appointment at an MOT centre where the number is read, but no inspection is done...
As the resident EV geek ('I'm an influencer don'tcha know') can I boggle at the new tax?
Park how it will work for a moment. The OBR forecasts that this will reduce the number of EVs on the road by 440k. That is huge. Massive. A literal torpedoing of their own policy.
If you look at the maths its simple - you already pay 7p per mile in fuel duty on an average petrol car, so 3p a mile is cheaper.
But the problem is that you pay fuel duty as a hidden tax when you fill up. You will pay EVED as well as VED at the start of the year. A special tax only for you. Where you have to fess up how many miles you do.
Behaviourally this will have a serious effect on people. Who will then choose to pay more to pollute more.
There are positives. Luxury Car tax now starts at £50k. So if you were buying a £45k car you would save £425 in VED - worth 14,166 miles at 3p.
But you can't resolve emotional objections with facts. This is so stupid that its almost a Telegraph story...
Has a practical and robust way to collect this levy been identified yet?
Nope because most of them would cost an insane amount to implement.
It will be voluntary with checks at MOT and at time of sale because nothing else makes sense
Customs duty imposed on all parcel deliveries whatever the size of parcel
Removing the exemption for small packages has been tried elsewhere and resulted in customs delays, angry recipients, and smaller suppliers simply refusing to ship to those countries. And it has no measurable positive impact on domestic manufacturing.
As the resident EV geek ('I'm an influencer don'tcha know') can I boggle at the new tax?
Park how it will work for a moment. The OBR forecasts that this will reduce the number of EVs on the road by 440k. That is huge. Massive. A literal torpedoing of their own policy.
If you look at the maths its simple - you already pay 7p per mile in fuel duty on an average petrol car, so 3p a mile is cheaper.
But the problem is that you pay fuel duty as a hidden tax when you fill up. You will pay EVED as well as VED at the start of the year. A special tax only for you. Where you have to fess up how many miles you do.
Behaviourally this will have a serious effect on people. Who will then choose to pay more to pollute more.
There are positives. Luxury Car tax now starts at £50k. So if you were buying a £45k car you would save £425 in VED - worth 14,166 miles at 3p.
But you can't resolve emotional objections with facts. This is so stupid that its almost a Telegraph story...
BiB - it's worse than that, though, isn't it? The actual cost of the electricity is higher than the cost of the diesel/petrol.
Average annual mileage is c. 7,000. Most EVs are fuelled at home most of the time - leccy is cheaper, the vat you pay on that cheaper is also cheaper.
Comments
To tax EVs equivalently to your car, would be 4.4p/mile.
The main reason EVs are cheaper than ICE cars to run is the massive tax arbitrage. Take that away, and for people who can't charge at home, or who don't control their own electricity tarrif, they are significantly more expensive to run than a ICE.
*weeps softly*
The transformation in Kemi Badenoch’s commons performances is incredible.
https://x.com/dpjhodges/status/1993681263941620083?s=46&t=CW4pL-mMpTqsJXCdjW0Z6Q
But instead Reeves has left the Chamber.
It will be voluntary with checks at MOT and at time of sale because nothing else makes sense
So Labour decided it's a top idea.
Reeves would have to get smarter to be a moron.