London black cabs hail Treasury for scrapping car tax

London black cabs hail Treasury for scrapping car tax

Tax exemption for all-new zero-emission electric taxi brought forward in boost for new greener cabs

Prospects for London’s new electric taxi have been boosted after the Treasury brought forward a £1,550 tax exemption to this April.

The British-built, zero-emission capable taxi had been liable for a luxury car tax, introduced in 2017, of £310 per year for five years, deterring cab drivers from upgrading to the greener vehicle.

Related: Flat fare? Dodgy meter blocks rollout of London’s electric cabs

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Source: Guardian Transport

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