It seems Reeves is to muddy the waters even further next year with The additional levy, known as the expensive car supplement Which will apply to all electric vehicles priced above £40,000. Higher APs coming? I suspect that may well be the case next year Will this kill the scheme? Possibly not but it will give it a nasty blow imo https://www.gbnews.com/lifestyle/cars/drivers-car-tax-increases-next-year-three-five-motorists-impacted-electric
IIRC, the “luxury” tax applies to all vehicles, regardless of powertrain, costing £40,000 or more and was bought in by the previous Government.
The £40,000 threshold has remained unchanged since April 2017 when it was introduced. Had it risen in line with inflation, the tax threshold would be more than £50,000.
I expect the “luxury” tax threshold to be raised in the very near future
.Gov is under great pressure to do so