bmovie wrote:A litre of petrol costs £1.30, of which 58p is duty and 22p is VAT, if most of London switches to electric cars, where will the government make up for the lost duty and VAT revenues?
Jerry wrote:Very happy to have started the discussion. Although many of the new developments may not have car parks it is not without reason to expect some of the new residents to have cars already that they park on the streets or rent spaces in the borough. Thanks James for saying the council are discussing new charging points. Letís hope they move quickly as the mayor is moving fast to discourage petrol and diesels and it would be nice to see some help from him on this through TFL maybe. Also the lack of a coherent national charging infrastructure plan may be holding up those of us wanting to be environmentally responsible. Before anyone says ďget a bikeĒ Iím one of the thousands of self employed Londoners who has a large car full of the tools of his/her trade and there is no bike on the planet capable of doing that job.
Jules62 wrote:bmovie wrote:A litre of petrol costs £1.30, of which 58p is duty and 22p is VAT, if most of London switches to electric cars, where will the government make up for the lost duty and VAT revenues?
The government will make it up on NHS spending, since there will be far fewer medical cases caused by car fumes if and when most of London switches to electrically powered vehicles.
For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.
7,000+ locals read it every week. Can you afford to miss out?
Read the latest issue before signing up