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Autumn Budget tax rises hit plug-in hybrid and electric company cars

The Chancellor has confirmed benefit-in-kind rises for plug-in hybrid and electric company cars from 2030/31, and changes to capital allowances and mileage rates, drawing criticism from fleet specialists who say the Budget did not support demand.

Budget “missed opportunity”: PHEV and EV tax hikes hit cost-pressured fleets
Autumn Budget tax rises hit plug-in hybrid and electric company cars
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The Chancellor has confirmed benefit-in-kind rises for plug-in hybrid and electric company cars from 2030/31, and changes to capital allowances and mileage rates, drawing criticism from fleet specialists who say the Budget did not support demand.