Electric Vehicle Charging Points Relief
At the Budget on 26 November, the Chancellor announced that eligible, dedicated electric vehicle charging points will receive 100% relief on their business rates bills until 2036. This is a tax cut worth around £500 million over 10 years. If eligible, EVCP relief will be backdated to 1 April 2023.
Eligibility principles – which properties will benefit from the relief.
Electric vehicle charging point relief is available for chargeable days in the financial years 2026/27 to 2035/36 for a hereditament which meets both of the following tests for the chargeable days:
a. Wholly or mainly consists of an electric vehicle charging point and associated bay(s) that are operational, energised, accessible and open to customers.
b. Classified by the Valuation Office (VO) as the site of an electric vehicle charging point (and associated bays) and falling within the following category for electric vehicle charging points:
i. Separately assessed electric vehicle charging point and bays, which will have a dedicated Special Category code as defined by the VO.
To apply, please email businessrates@ashford.gov.uk.