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'Tax trucks, not electric cars' – an economist's controversial proposal
News
26th Nov 2020
7 min read

'Tax trucks, not electric cars' – an economist's controversial proposal

As several states propose dedicated taxes for electric cars in lieu of the fuel excise, an Australian economist has suggested a potentially controversial alternative plan for "fairly" taxing road users to cover national road maintenance. Richard Denniss, Chief Economist at The Australia Institute think tank, has slammed misconceptions that the fuel excise gives electric cars a free ride, suggesting the Federal Government should instead increase taxes on heavy trucks.
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Susannah Guthrie
UK introduces tougher taxes for petrol and diesel buyers in EV push
News
12th Apr 2020
2 min read

UK introduces tougher taxes for petrol and diesel buyers in EV push

Tough new car tax revisions – which could see the duty on some models increase by up to £1285 (AU$2580) – have come into place for petrol and diesel new-car buyers in the UK. As reported by AutoTrader and The Times, the revisions affect the Vehicle Excise Duty (for personal cars) and Benefit in Kind (for corporate vehicles) taxes that are paid at purchase of a new car. These amounts are based on the vehicle’s projected emissions in the first 12 months of ownership.
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Liam Murphy
Australian Tax Office puts car sharing operators on notice
News
23rd Aug 2018
2 min read

Australian Tax Office puts car sharing operators on notice

The growing popularity of car-sharing apps like Car Next Door and Carhood has piqued the interest of the Australian Tax Office (ATO), which is calling on owners to learn the tax implications of the services. According to the ATO, renting your car through 'sharing economy' apps makes you eligible for certain deductions, but not everything can be claimed.
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Scott Collie
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