Tag: tax
Everything you need to know about car tax and VED in 2025
New Changes to Vehicle Excise Duty for Electric and Hybrid Cars As of April 2025, there have been…
What happens if Trump kills EV tax credit?
The potential elimination of the $7,500 federal electric vehicle tax credit by the Trump Administration has raised concerns…
UK auto industry calls for tax reductions on BEVs to boost UK sales
The automotive industry in Britain is pushing for the UK Government to take swift action in converting electric…
Killing IRA EV tax credits will ruin US EV and battery industries – Princeton study
The recent study conducted by the REPEAT Project, led by Princeton University's ZERO Lab, has raised concerns about…
Luxury car tax could curb EV growth as four in five cost £40k-plus
Electric Company Cars Face Potential £850 Luxury Tax Levy Alphabet, a leasing firm, has issued a warning that…
California to step up with an EV rebate if Trump kills the $7,500 federal tax credit
California Governor Gavin Newsom has proposed offering $7,500 state EV tax rebates to residents if the federal EV…
Trump’s team plans to repeal EV tax
President-elect Donald Trump’s transition team is reportedly working to eliminate the $7,500 consumer tax credit for electric vehicle…
Audi Group’s profit after tax drops 45.8% to $2.6bn in Q1-Q3 2024
Audi Group, the premium brand of Volkswagen Group, has reported a profit after tax of €2.42bn ($2.6bn) in…
Chinese electric cars slugged with import tax in Europe, car makers respond – report
European countries have recently imposed import taxes on Chinese electric cars, causing concerns among car makers in China.…
BIK tax hikes for hybrid company cars and double-cab pick-ups
The Autumn Budget Extends Tax Incentives for Electric Company Cars The recent Autumn Budget has brought both good…