Next month, the government introduces new charges for car tax. It will mean most people buying a new, efficient car will have to pay more in tax than they would have done under outgoing rules.
The proposals were outlined by former chancellor George Osborne in 2015. They are aimed at earning more revenue for the treasury, after the outgoing rules rewarded clean, efficient cars with low or no road tax. This resulted in buyers voting with their wallets and snapping up models that pumped out low levels of carbon dioxide (CO2).
Now only cars with no exhaust emissions, which means all-electric cars, will be exempt from paying car tax. Continue reading
You’d be smiling too if you’d just avoided paying hundreds of pounds more in road tax
Drivers alarmed by the changes to VED road tax are believed to have fuelled a sudden surge in new car sales.
New road tax rules, which come into force this April, will make it much more expensive to tax many of Britain’s most popular cars.
During January, typically a quiet month of the year for new car sales, sales grew by 2.9 per cent. A total of 174,564 were snapped up, marking a 12-year high.
Did you know that the car tax regulations will change in April, 2017? Big alterations are afoot after the government calculated that increasingly fuel efficient cars are leaving it out of pocket.
That’s because currently, the annual tax drivers pay to be on the road is calculated according to how much carbon dioxide (CO2) comes out of their car’s exhaust. And around 25 per cent of all new cars are so clean that, guess what? They’re exempt from road tax.
But from next April anybody that buys a new car will face a new regime of car tax. And overnight it will make many of the UK’s most popular new motors much more expensive to own. Continue reading
No breaks: Mitsubishi Outlander is currently the UK’s favourite plug-in car but won’t get cheap road tax from 2017 (Picture © Mitsubishi)
Drivers were both winners and losers after the Emergency budget of 2015. All drivers will have to pay more for insurance. Meanwhile, a change to the way Vehicle Excise Duty is structured will make eco cars and more expensive motors pricier to put on the road. Here’s how the budget will affect drivers. Continue reading
Drivers no longer need to have a tax disc but new rules are confusing some causing prosecutions to increase (Picture © Contracthireandleasing.com)
New tax disc rules appear to be confusing drivers and making road tax prosecutions soar. In October the traditional tax disc was abolished. New regulations state that rather than tax belonging to a car, it now belongs to the individual who owns that car. When drivers tax their cars now, rather than getting a paper tax disc, their payment is registered on a database. Police cars fitted with Automatic Number Plate Recognition (ANPR) cameras can access this database instantly. If they snap a car that is on the road but has no tax, a fine is sent out. Continue reading