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Reminder that the plug-in grant has ended

Source: HM Government | | 11/08/2022

The government plug-in grant was first introduced 11 years ago to help drivers make the move to owning an electric car. Since the scheme was introduced the amount of the grant available reduced significantly as did the range of cars to which the grant applied.

Significant changes to the low-emission vehicles plug-in grant scheme became effective on 15 December 2021 in response to soaring demand for electric vehicles and to help target those buying the most affordable zero emission cars. Just under six months later, on 14 June 2022, the government announced it was closing the plug-in car grant scheme to new orders.

The government is now focusing on helping to expand the public charge-point network and has committed £1.6 billion to this effort. In addition, £300 million in grant funding will be used towards extending plug-in grants to boost sales of plug-in taxis, motorcycles, vans and trucks and wheelchair accessible vehicles.

The sale of all new petrol and diesel cars and vans is expected to be phased out by 2030. Interestingly, battery and hybrid electric vehicles (EVs) now make up more than half of all new cars sold. Fully electric car sales have risen by 70% in the last year, now representing 1 in 6 new cars registered.

 

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McAllisters is a partnership trading from Paxton House, 11 Woodside Crescent, Glasgow providing accountancy and tax services and general business advice and is a member of ICAS (Registration No 0342) and an FCA exempt professional firm (No 301235). Its VAT number is 261 3019 94

McAllisters (Scotland) Ltd is a related business providing tax and business advisory services to McAllisters and its clients. McAllisters (Scotland) Ltd is registered in Scotland (Registration number SC146856). Its VAT number is 624 0564 62.

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