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With the upcoming UK Budget around the corner, there’s plenty of noise about what changes could be in store for EV drivers, tax policies, and charging costs.

In Episode 2 of our Policy Jargon series, our CEO, Gurjeet, and Director of Public Policy, James, break down what to expect from the Chancellor in plain English (with a little help from the policy jargon swear jar), covering:

• eVED (Electric Vehicle Excise Duty): What the 3p-per-mile mileage tax proposal means, why MOT and paper-based checks pose practical hurdles, and why driving an EV still stays far cheaper than petrol (5p vs 18p per mile)
• BiK (Benefit in Kind) Trajectory: Why clarity on rates post-2028 is crucial to supporting UK fleet leasing, salary sacrifice schemes, and domestic EV manufacturing
• VED & EV Discounts: First-year rates and potential levers the Chancellor could pull
• VAT on Public Charging: The gap between 0% home charging VAT vs 20% on public chargers
• EV Grants & EV Adoption: Why the £2bn funding pledge matters for keeping 2M+ EVs moving on UK roads.

00:00 Intro
01:13 Topic 1: EV Mileage Tax (eVED)
01:45 The MOT Problem & Paper Reporting Hurdles
02:21 Second-Hand Mile Fraud & Resale Pitfalls
02:40 Running Costs: 5p EV vs 20p Petrol Per Mile
03:05 Will the Chancellor Delay or Amend EVED?
03:28 Topic 2: Benefit in Kind (BiK) Tax Rates
04:06 How BiK Works (The Formula & 2002 History Lesson)
04:30 4% EV BiK vs 37% Petrol & Diesel Rates
04:48 Why We Need Post-2028 BiK Visibility
05:08 Fleets, Salary Sacrifice & Supporting UK Jobs
06:01 Why Used EV BiK Needs a Second Look
06:32 Topic 3: Vehicle Excise Duty (VED) & EV First-Year Discounts
07:27 Topic 4: VAT on Public Charging (0% Home vs 20% Public)
08:31 Topic 5: Electric Car Grants & The £2bn Funding Pledge
09:33 Balancing Macroeconomic Pressures vs Climate Goals
10:07 Our Message to the Chancellor
10:42 2 Million EVs on UK Roads & Final Word

The transition to electric vehicles is a massive economic and climate opportunity for the UK. The real question is whether future budget policies will protect investment, fleet growth, and jobs...or risk stifling momentum.

Keep your eyes peeled across our LinkedIn and website for all our budget hot takes, key takeaways, and breakdown articles on what the announcement means for EV drivers and salary sacrifice.

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???? Catch up on Episode 1 of Policy Jargon, where we debate the ZEV Mandate: The ZEV Mandate: The Biggest EV Debate Right Now

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