VEHICLE EXCISE DUTY (VED)
The Chancellor announced the removal of Vehicle Excise Duty (VED) for zero-emission cars with a list price exceeding £40,000, starting from April 2020.

CAPITAL ALLOWANCES
Legislation will be introduced to extend the 100% First Year Allowances (FYAs) for low CO2 emission cars, zero-emission goods vehicles and equipment for gas refuelling stations by four years from April 2021.
Only zero emission cars will qualify for 100% FYA. Cars with CO2s of 1-50g/km will receive 18% WDA, whilst cars with 51g/km and above 6%. The new 50g/km threshold will also apply for determining the lease rental restriction for costs of hiring business cars for more than 45 consecutive days.
100% Leasing allowances on cars under 51g/km and 85% for 51g/km and above.

PLUG-IN GRANT
The Government will provide £403m for the Plug-in Car Grant, extending it to 2022-23. However, at the same time as extending the plug-in grant for electric vehicles, the Government has cut the plug-in grant rate for electric cars from £3,500 to £3,000, and excluded cars costing £50,000 or more.

EV CHARGING INFRASTRUCTURE
The Government says that access to high quality, convenient charging infrastructure is critical for drivers to make the switch to electric vehicles confidently. It has therefore announced £500 million over the next five years to support the rollout of a fast-charging network for electric vehicles, ensuring that drivers will never be further than 30 miles from a rapid charging station. This will include a Rapid Charging Fund to help businesses with the cost of connecting fast charge points to the electricity grid.

INFRASTRUCTURE
The Government has announced the largest ever investment in England’s motorways and major A roads. The second Road Investment Strategy (RIS2) will spend over £27 billion between 2020 and 2025.

It will take forward schemes such as dualling the A66 Trans-Pennine and upgrading the A46 Newark bypass to address congestion, and building the Lower Thames Crossing to increase road capacity across the Thames east of London by 90%. >The Government is also investing £20m to develop the Midlands Rail Hub, progressing plans for a major programme of improvements to rail services across these regions.

POTHOLES
The Budget announces a new Potholes Fund that will provide £500m a year, resulting in a 50% increase to local road maintenance budgets in 2020-21. Furthermore, the Budget confirms the development of 15 local road upgrades across the country, helping to reduce congestion.

OTHER
Company car tax rates are frozen between 2023 and 2025. Fuel Duty has been frozen for another year.