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EV drivers to benefit from reduced VAT rate on ESB’s public charging network

  • 30-06-2020 2:17pm
    #1
    Registered Users Posts: 1,479 ✭✭✭ Laviski


    a win for EV but should it be 0 % :)

    received email notification regarding this, snippet below
    Irish Revenue Commissioners formally confirmed on the 16th of June 2020 that a reduced VAT rate (13.5%) is applicable for electric vehicle (EV) charging

    From 1st July, all transactions will have the lower VAT rate included so the cost of charging for customers who cannot reclaim VAT will reduce. For example, our Membership/Introductory offer rate for fast charging will reduce from 29c to 26.8c while our PAYG rate will be 30.5c reduced from 33c. The membership subscription, overstay fee and the cost to purchase an ESB charge point access card have also been reduced in line with the change in VAT rate. We have updated our IT systems to give effect to this, and these new rates will be applicable from 1st July.

    Separately, we will recalculate VAT charged on all transactions since the introduction of pay to use (18th November 2019) using the reduced rate. We will apply a credit to all customer accounts for any difference in VAT rates. For those on the Membership/Introductory offer, a credit will be included in your August invoice. Similarly, for PAYG customers, your account balance will be adjusted accordingly in August.


Comments

  • Registered Users Posts: 1,954 ✭✭✭ antimatterx


    Hopefully the Greens demand a package to subsize EV even more. If you want to ban Petrol/Diesel cars, then you're going to have to incentivise people.


  • Moderators, Motoring & Transport Moderators, Regional East Moderators Posts: 6,230 Mod ✭✭✭✭ liamog


    Greens are anti private vehicle, at best I think we can expect the current incentives to be frozen. The VAT rate change appears to be a revenue clarification rather than an active incentive.


  • Registered Users Posts: 13,710 ✭✭✭✭ JPA


    Home electricity is 13.5% so it might have been a mistake from the start.


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