The majority of electric vans have a quoted range in the region of 90-120 miles, and while some vans will do that distance, cold weather can see range drop to as little as 50 miles on some vans. EVs can cost up to £10,000 more than an equivalent car with a combustion engine. The normal rules on when to claim VAT back apply to the purchase of any road vehicle other than a car. Logistics... Fast growing Alcedo Care Group has recruited Nicki Grain to manage its recently opened office on Morecambe Road in Lancaster. However, there is no difference in treatment for VAT purposes between electric cars or those with hybrid or traditional fuel technologies. For example, the Renault Master ZE electric van has a payload of 1,100kg, whilst diesel models can carry more than 1,500kg. Separately, motorists also want assurances that they would be able to charge these vehicles easily when they are away from home, with more than two-in-five drivers (43 per cent) demanding a binding national target for access to public chargepoints - such as ensuring 95 per cent of the population live no further than five miles from the nearest device. It is a common misconception that VAT is recoverable on the purchase of electric cars per se, due to some perceived underlying environmental or ‘green’ reason. For VAT, the definition for a van is different than that used for direct tax, and ordinary commuting will not be disregarded for VAT purposes, leaving a difficult calculation for recoverable input VAT on purchase and fuel provided. General rules on recovery of VAT on motor vehicles The general rule for VAT-registered traders is that they are entitled to deduct VAT charged to them on purchases made for business purposes. That helps us fund This Is Money, and keep it free to use. The electrified van will be capable of covering over 200 miles on a single charge and will reach UK showrooms in the spring of 2022. This would significantly reduce the price gap between an electric model and a comparable petrol or diesel car. 2. Some links in this article may be affiliate links. Central Garage, High Street, Fincham, Kings Lynn, Norfolk. Before you put in an offer an that fixer-upper, follow our essential advice to make sure you can do the works you want to, How well do you know car dashboard warning lights? The report also highlighted ongoing scepticism over the driving distances available from electric cars, with motorists claiming they wanted to be able to cover at least 375 miles in an EV before they would consider stepping out of their motors with internal combustion engines. PSA has reaffirmed its commitment to having electric versions of all its vans available by the end of 2021. Costing less to run than their diesel and petrol counterparts, they hold a lot of appeal for business owners and employers alike. Ministers have come under waves of criticism in recent years for gradually reducing the grant available to EV buyers at a time when the government is most forcefully pushing motorists to make the switch. The Tribunal disregarded the use to which the vehicles were actually put. For instance, the Volkswagen's ID.3 medium-size hatchback currently starts from £29,990 - inclusive of the plug-in grant. You may be able to reclaim all the VAT on a new car if you use it only for business. All of the VAT can be recovered where the exceptions detailed above apply. ... Prices for a brand-new XL-converted e-NV200 start at £29,955 plus VAT. It was most recently slashed to £3,000 - and added the caveat of only being available for buyers of EVs priced under £50,000 - in the March 2020 Budget, when it was confirmed the grant would remain until 2023. Is Buying a Failing Business Ever Worth It? Next, order forms are sent for e-signature. This is Money is part of the Daily Mail, Mail on Sunday & Metro media group, Get a discount code to save on your internet security, Listen to podcasts and books for less with these offers, Get the ultimate broadband and entertainment bundle, Get great deals on existing and new plans, Have a clean house and save money with these offers, A tale of two investment trusts: SIMON LAMBERT on why Scottish Mortgage's 110% one-year rise and Ruffer's 17% return both tell a story of conviction, Electric cars will kill off changing gear, so should you ditch the manual gearbox and consider a 'gateway automatic' next? Nearly eight-in-ten polled (78 per cent) said pure electric cars are still too expensive when compared to conventional vehicles of a similar size. The RAC's annual report on motoring found that electric car demand is marginally higher than a year ago, with fewer than one in ten drivers polled saying their next car will be battery powered. The issue is that VAT will normally be claimable in full on the purchase of a commercial vehicle. The electric version of Mercedes’ Vito van will cost almost £40,000 before VAT, the German manufacturer has confirmed. Despite providing a broad range of tax advice on benefits & expenses, VAT and CIS, my advice is very often required on cars, vans and fuel. The larger Citroen e-Relay electric van is now expected to go on sale in early 2021 (a delay over previous plans), with the smaller Citroen e-Berlingo electric van due to go on sale later in 2021. Scrap VAT: Fresh pleas for ministers to do more to boost sales of electric cars has been made by the RAC after it found than fewer than 1 in 10 motorists intend to buy an EV next. We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. As an example – Nissan makes an electric van called the e-NV200, the base model in this range has an OTR price of £24,033 (+ VAT), but there is a government grant available up to the value of £8,000 that goes towards the cost of the vehicle. New Renault Kangoo Electric Vans, inc Crew Vans, order now for new 21 plate Distance from search location: 77 miles | Stafford, Staffordshire Note: The price displayed for this vehicle (£16126.00) is exclusive of VAT. We do not allow any commercial relationship to affect our editorial independence. The short checklist for every employer providing vans should be:-. - For more news, reviews and Top Tens, visit https://www.honestjohn.co.uk The officer’s VAT colleagues might then become involved and recover the input VAT claimed on the purchase of the “van, now car”, together with the VAT on the fuel provided. Explore the vehicle on our website and discover the affordable used car offers available to you at Loads of Vans. HMRC have issued a list of makes and models of car derived vans and combi vans which VAT registered businesses can use to determine if the VAT paid on the purchase can be reclaimed as input tax. More than half of drivers quizzed said they favoured a reduction - or complete abolition - of VAT on battery electric cars. Published: 09:42, 23 January 2021 | Updated: 09:46, 23 January 2021. Why Your Business Should Expand To Amsterdam, 85% of people in Lancashire to gift connected gadgets this year, EduGeek and ICT Direct to join forces at Bett 2018, NEW FUND TO SUPPORT TO FUTURE DEVELOPMENT OF BLACKPOOL AIRPORT, Harrison Drury looks to the future with launch of HD Academy, Iconic manufacturer switches to renewable energy, ALCEDO APPOINTS MANAGER FOR NEW LANCASTER OFFICE, Southport Architecture Practice expand into new premises, NEW PRIVATE GP SERVICE LAUNCHES IN LANCASHIRE. 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