Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

Electric taxis exempted from higher tax rates

01 August 2019
 

More taxi drivers will be encouraged to buy environmentally friendly vehicles thanks to new legislation exempting them from the premium rate of vehicle excise duty.

The move will push forward the government’s ambition for net zero emissions by 2050 by reducing costs for taxi drivers and companies who purchase zero-emission capable taxis over conventional petrol or diesel models.

The DfT said the premium vehicle tax exemption will help reduce greenhouse gas emissions and improve air...

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