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thecanary.coNew VAT and Insurance Premium Tax rules took effect July 1, 2026 for most Motability leases ordered after that date. The changes follow Chancellor Rachel Reeves' 2025 Autumn Budget overhaul projected to raise £1 billion over five years. Motability removed luxury vehicles and over…
news.sky.comThe government will impose value-added tax on certain advance payments and insurance premium tax on new leases under the Motability scheme. Officials expect the measures to save £1 billion by 2030 while keeping the program available for disabled people.
Substrate placeholder — needs reviewThe UK Department for Work and Pensions has rejected a petition with over 30,000 signatures calling to halt planned tax changes to the Motability Scheme starting July 1, 2026. The reforms will require users to pay Insurance Premium Tax and VAT on new leased vehicles, increasing c…