Dave Takes It On 
Get ready for the Autumn Budget 2024! In this video, we break down the key takeaways from the government’s latest fiscal policy announcement, including its impact on the economy and what it means for your wallet. With a focus on sustainable living, we’ll explore the plans for EV charging infrastructure and the incentives for EV charging point installation. Stay ahead of the curve with our expert analysis of the Autumn Budget 2024 and discover what you need to know to make informed decisions about your financial future. Tune in now to stay informed!
Budget: https://www.gov.uk/government/publications/autumn-budget-2024
00:00 Budget Overview
00:38 Automotive Sector
01:29 Clean Energy
02:19 Net Zero
05:30 Green Hydrogen
06:40 Decarbonising Industry
08:20 EV Charging Infrastructure
08:58 Aviation
09:41 Transport Policy
10:39 Great British Energy
12:03 Energy Profits Levy
14:02 Fuel Duty
14:31 Company Car Tax Rates
18:12 VED – First Year Rates
20:44 Expensive Car Supplement
22:17 Overview
// What To Watch Next
Home Charging Explained | Is A 3-Pin Plug Enough For You?
https://youtu.be/vI1-k6Ug3KA
Home Charging Explained | Using A 3-Pin 13-Amp Plug For An Electric Vehicle
https://youtu.be/vAH_U-E1D44
Why Sainsbury’s Smart Charge May TRANSFORM The EV Charging Landscape
https://youtu.be/yPo2EaH_ois
EV Charging | Why I Hesitated About Sharing This Hidden Gem
https://youtu.be/pBS1bv6gorc
Dummy’s Guide To EV Charging | Don’t Make These Mistakes
https://youtu.be/NNFalVTyrqk
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About The Author
Apparently the GB Energy H.O will now be Manchester
Would like them to have gone further – seems like a missed opportunity not to reverse the 5p cut to petrol duty, since fuel prices have dropped and retailers haven’t passed it on anyway – and used this to reduce or remove VAT on public charging. Sensible to keep a differential on VED for BEVs and have a bigger step between BEVs and PHEVs in terms of company car tax, but not much in there for private buyers.
On street chargers for England, what about the rest of the UK??
How many of the delays in connecting to new charging sites are down to bureaucracy and how much is down to the need for the local infrastructure to be upgraded before connections take place? Legislating for the fast tracking of connections to the grid should address the former but is unlikely to address the latter as there are significant costs involved in upgrading the infrastructure.
The LEVI Fund for Local Government EV installations has been around for a while now, so these are now going into the next stages following the pilot.
Isn't the 'Luxury Car Tax' payable for the first five years and not the life of the car as suggested.
Good summary Dave. I can see a surge in used EV values coming up. I wouldn´t sell mine however, best car I ever had and I charge at home for peanuts, saving me a fortune in diesel costs.
Isn't the doubling of VED just first year?
AFAIK the ICE VED is rising by RPI although we'll wait for the Finance Bill before we know specifics.
The restoration of the 2030 deadline is a welcome move.