Draft guidance surrounding the tax exemption for workplace charging facilities for electric vehicles has been published. The technical consultation seeks views on the draft legislation.
From 6 April 2018, where an individual is provided with workplace charging facilities for their own car or van, no taxable benefit arises in respect of costs relating to the provision of electricity at those facilities if the qualifying conditions are met. The exemption applies to charging facilities for all-electric and plug-in hybrid cars and vans.
The draft update will apply to the Employment Income Manual for the expected changes to the Income Tax (Earnings and Pensions) Act (ITEPA) 2003. This guidance will be of interest to employers that pay taxable benefits to employees and provide electric charging points for employee use.
The draft guidance covers:
the provision of workplace charging facilities which vehicles the exemption covers the qualifying conditions of the exemptionThe guidance will be finalised and published in the Employment Income Manual following Royal Assent of Finance Bill 2018-19.
The consultation closes on 5 July.
