The UK’s government is considering raising the fuel tax on electric cars to boost the economy by as much as 3.5% in 2020, according to the Telegraph.
But there’s been an ongoing debate about whether the tax should be increased.
Here’s what you need to know about the issue.
What is the electric-vehicle tax?
The fuel tax is one of the key barriers to electric vehicles and their widespread adoption.
The UK has been charging the fuel excise for years to support electric-only vehicles, but the government has never raised the rate.
The reason is that it is expensive to collect fuel taxes from electric vehicles, and has been unable to find ways to tax them at a competitive rate.
According to a new report, a government official recently suggested that charging a higher fuel tax would result in a higher tax revenue for the government.
“We would have to raise the fuel levy by 5% to 6% on electric vehicles,” the official said, according the Telegraph, which cites a government spokesperson.
“But if we don’t do that, we’ll need to raise a lot of other revenue.”
The government has been looking at ways to raise revenue through an additional tax, but it hasn’t set a target.
The latest government study said the government’s target is for an additional levy of £1.5 billion, and an additional charge of £4 billion, in 2020.
The government is not set on a new fuel tax rate in 2020 as it hopes to avoid a repeat of the fuel-tax debacle that hit India in 2015.
A second government report this month said the fuel price should be reduced by up to 40% by 2021 to offset the additional cost of electric vehicles.
What are the different types of electric cars?
Electric cars have two major modes of propulsion: electric propulsion and a conventional battery.
The electric motor is the fuel unit of a vehicle, and it produces electricity when it spins the wheels.
A conventional battery is a type of battery that is used to store energy in a form that can be used in an electric vehicle.
How does the UK currently tax electric cars on the road?
The UK government currently levies an additional fuel tax (currently the second-highest in the world) on electric-powered vehicles.
It’s known as a surcharge and is levied on vehicles that exceed an average of 75km/h (44mph).
The surcharge applies to all electric vehicles in the UK, regardless of their manufacturer or model.
The surcharging is capped at 5%, which the government estimates is equal to about a third of the average car’s price, according a recent report from the British Council.
The Government of the United Kingdom currently spends £7 billion on road taxes, but in 2020 that figure will rise to £18 billion.
The additional surcharge has also been used to help finance a series of initiatives aimed at encouraging electric-electric vehicles.
Some of these initiatives include: investing in battery storage to help drive down the cost of electricity for electric vehicles; offering discounts for charging stations; and making it easier for consumers to get discounts for electric-driven vehicles.
In addition, the Government has also started a new “electric vehicle tax” program, which is aimed at helping to offset some of the costs of charging electric vehicles through the increased price of fuel.
Are there any other taxes on electric driving in the U.K.?
The British government does levy fuel tax, and some other taxes.
The VAT rate on petrol is 0.8% and diesel is 5%.
However, electric-drive tax is the highest in the developed world, and is often a deterrent for buyers.
The fuel excise on petrol in the United States is 6.4%, and the gas excise is 9%.