@GeoffBuysCars@ZiaYusufUK If a co got the Luce for 500k and sold it for 100k Then 2nd co bought a petrol one for 500k and sold it for 100k. Both companies would get the same corp tax relief of Β£100k. The first would just get 125k upfront then repay 25k when sold. 2nd co would get 10k pa balance on sale
@ListerLawrence If you bought a petrol Ferrari, under UK corp tax rules you would get some tax relief each year and a balancing allowance when you sell it. When you sell the EV you get taxed on the sale proceeds In both cases the tax relief is the sale, the purchase price less the sale price.
@ProudBrit19 This is a survey of Daily Mail readers who could be bothered to answer a survey. It is not a survey of the general public. Secondly this is at current fuel prices. As prices continue to increase the never buys will decrease. When fuel reaches 3 pounds per litre would you go EV.
@ProudBrit19@SMMT In Shell UK accs they are expecting 6 $ billion in tax subsidies from the UK and other governments when they decommissioning their own oil rigs.
Fossil fuel subsidies are much higher than EV subsidies.
Annual Report and Accounts 2025 | Shell Global https://t.co/o3Wut78OFy
@ProudBrit19@SMMT I would say that in 5 years time it would be number 2 and number 1 in 10 years. Suburban petrol stations stopping selling diesel is a very underestimated factor. Not happened yet but the rumours are some will occur in the next year or two.
@ProudBrit19@SMMT I am usually found on the Daily Mail website. I started on their in 2018. Back then the pro combustion cars posters were saying new electric cars sales would never exceed 5%. You post is totally correct but things change overtime. Slowly at first but faster in the medium term.
@davidelam871e@GBNEWS The government knows it stupid to reduce fuel duty because they know history will repeat itself the oil companies will not reduce fuel prices. They didn't in 2022 why would they in 2026. Are you a socialist and are in favour of price controls.
@techno92@ProudBrit19@colinwalker79 Yet the Tesla Model Y has the best selling car in the world and still Tesla is making money.
https://t.co/KibuOE0QRx
@ProudBrit19@colinwalker79 No because of high gas prices. But hopefully that will change by the decoupling of wholesale price to the price of gas
https://t.co/6ZIhcdrJhr
@ProudBrit19@colinwalker79 You much prefer the oil industry model. Massive subsidies and being dominated by six companies that means prices are controlled and very little competition to drive down prices. Did you see that BP announced doubling of their profits last quarter.
@ProudBrit19@colinwalker79 It is called economies of scale. As you make more the unit cost reduces. Electric cars are getting cheaper because of this. The opposite happens as demand falls. Combustion cars will increase in price as will fuel. Oil industry require lots of equipment to be paid for.
@ChrisAbdale@ToryWipeout@CarolineLucas No it is 52.9p per litre. In 2010 it was set at 58.9p per litre. That is a 10% decrease. Even more if you include inflation.
@MoodyMandy0@JamesMelville@OElaine99229 Every single oil refinery in the world uses cobalt to remove sulphur from crude oil. These days only 50% of new electric cars use cobalt.
https://t.co/iFAkElnZca