Car tax changes are coming in from April, affecting all NEW cars, with the most notable changes being: - low emission cars will no longer be tax free (only zero emission cars) - cars costing over 40K will have to pay a £310 supplement on top of their annual car tax for the first 5 years (including no emission cars). - car tax will be a flat annual of £140 rate for all cars regardless of level of CO2 emission (unless zero emissions) after the first year Here is a table comparing current rates to new rates: If you are planning on buying a new car soon it might be worth calculating whether it's worth buying it before 1st of April or after.
Not heard owt of this. Am I reading this right.....if Im currently in band L and paying £500 is it gonna be £885 this year???
The pre April table shows that the first year you had your car (or whoever owned it if you bought it used) your tax was £885 and then it became £500 per year after that. For anyone buying a brand new car in April with the same level of emission as your current car the first year's tax would be £1700 (instead of £885) but then £140 a year after that (instead of £500). If the car cost over £40k they would also have to pay an extra £310 supplement a year for the first five years on top of those amounts.
Cool... I'm looking at buying a different car... I think I'm gonna go for a huge emissions car that is classed as classic with no road tax..... Boom..
Tax rates for vehicles registered before 1st April 2017 will not be affected by this change. https://www.gov.uk/government/uploa...11/ved-reform-briefing-for-motor-industry.pdf
well thats the second hand car market quite safe for the next 4 to 5 years , by which time it will perhaps changed again. I wonder what this will do to businesses like fleet cars, Taxi's, rep cars etc etc etc.