New Car Tax rules

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Discussion

sonnylad

Original Poster:

1,158 posts

225 months

Friday 13th January 2017
quotequote all
New TVR will be costing a bit to tax then:

There will be a still be a one-off charge in the first year that a car is on the road too. This will continue to depend on the emissions the car produces, and to determine this charge, cars are split into 13 bands, from zero emissions to over 255g/km.

However, the charges themselves will be much higher, and there will be an additional cost in years 2-6 for cars worth over £40,000.

There will still be no charge in the first year for cars with zero emissions, but the tax will kick in at 1g/km (it starts at 131g/km at the moment).

It will also rise further and faster than before, so that cars emitting 131g/km will be taxed £200 instead of £130, those emitting 151g/km will be charged £500 instead of £180, those emitting 171g/km will be charged £800 instead of £295, and those emitting 191g/km will be charged £1,200 instead of £490.

The highest possible charge will continue to apply to those emitting over 255g/km, but that will rise from £1,100 to £2,000.

There’s also a five-year £310 supplement for any cars costing over £40,000, which kicks in from year two - and lasts until year six of the car’s life.

The supplement also applies to zero-emissions cars.

They will pay nothing in the first year, but £310 a year from years 2-6 (compared to cars worth over £40,000 that produce emissions, which will have to pay £450 a year in years 2-6).

More info about it on BT homepage

Toltec

7,159 posts

223 months

Friday 13th January 2017
quotequote all
https://www.gov.uk/newvehicletaxrates

I think you may have been reading the Green manifesto

ianwayne

6,277 posts

268 months

Friday 13th January 2017
quotequote all
sonnylad said:
.... cars emitting 131g/km will be taxed £200 instead of £130, those emitting 151g/km will be charged £500 instead of £180, those emitting 171g/km will be charged £800 instead of £295, and those emitting 191g/km will be charged £1,200 instead of £490.

The highest possible charge will continue to apply to those emitting over 255g/km, but that will rise from £1,100 to £2,000.....

More info about it on BT homepage
I clipped your post because it's important to note that those charges only apply in the first year.

ALL cars then pay £140 p.a. unless they are zero emission, apart from the extra for being list price over £40k when new. It isn't really that complicated:

http://www.nextgreencar.com/car-tax/2017-bands/

It is ONLY for new cars registered after April 2017.