Electric vehicle charge points

08 November 2018

Budget 2018 announced that the government will extend Enhanced Capital Allowances (ECAs) for electric vehicle charge points to 31 March 2023.

This will help achieve the government’s ambition for the UK to become a world leader in the ultra-low emission vehicle market.

Reform to workplace charging tax exemptions

HMRC has recently updated the draft guidance for employers providing electric charging points for employee use.

The updated guidance will be of interest to employers that provide facilities for workplace charging of electric and plug-in hybrid vehicles. The exemption for workplace charging is published in the Finance Bill 2018 to 2019 and has effect from 6 April 2018. The exemption covers:

  • The cost of electricity
  • The cost to the employer of providing the charging facilities
  • Any connected services

The recently published draft Finance (No.3) Bill 2018 also authorises to make the provision (including provision having retrospective effect) for an exemption from income tax in respect of benefits consisting of the provision of facilities for employees for charging a vehicle battery at or near their workplace.