Electric cars – VAT exemption limit. As we know, so far owners of electric cars have been able to benefit from large tax breaks. Of course, some people were happy about it. It also had a higher goal of encouraging more people to buy "electrics". However, certain circles started to say "no!" Why are electric cars covered by such an exemption? The Labor Party proposed introducing limits on VAT exemptions for electric cars. What will this look like in practice?
Electric cars - limit NOK 600
The new Labor Party budget that will be presented on Monday proposes a ceiling for the VAT exemption. This will apply to electric cars which cost more than NOK 600 and VAT is to be charged on an amount over NOK 000.
Certain ideas, of course, had already germinated. Party politicians proposed an upper limit for VAT exemption, but this proposal was rejected. The spokesman doesn't rule out the possibility of charging for electric cars, but insists there are benefits to the title using an electric car lasted until 2021
Electric cars and the new tax
Both Norwegian Automobile Association Electric and the Norwegian Automobile Association (NAF) supported the idea and application.
Ap's proposal will be implemented later this year. Norwegian Electric Vehicle Association that having an electric car is important due to the environmental and climate changes we are observing. The union also draws attention to the fact that electric cars account for 44% of sales new cars this year. However, the tax may make us take longer to analyze whether to choose an electric or petrol car before buying a new car. However, owning an electric car has many advantages, which we wrote about, among others, in the text: Electric cars in Norway with VAT?
Be sure to check the available offer of electric cars. It's a good choice! For us, for the environment. An electric car is more economical, it allows you to generate (especially on long routes) really big savings and enjoy comfort and convenience. Every year, the fleet of this type of cars is growing - practically in every European country we have unlimited access to them.
source: https://e24.no/