Overview
- The new £500 rate takes effect on 1 April 2026 and is scheduled to run until 31 March 2027.
- Eligibility includes renters, flat owners, landlords, businesses and households without driveways, but excludes owners of houses with off-street parking.
- Ministers say home charging can cost about 2p per mile, roughly £3.50 for a London-to-Birmingham trip.
- The package features £600 million to expand public charging and £25 million for cross‑pavement solutions, with a review under way of public-charging VAT set at 20% versus 5% for home energy.
- Industry groups such as the Federation of Small Businesses and the National Residential Landlords Association welcomed the move, while street-parking residents warn public charging remains costly and inconvenient.