Car VED changes in October budget?
Car VED changes in October budget?
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Discussion

Sim75

Original Poster:

992 posts

170 months

Monday 2nd September 2024
quotequote all
Just back from a long holiday, so this may well have been covered.
Looking at going electric from Q2 next year and haven't had a chance to dissect the full list of rumors circulating about tax changes.
Is anything being mooted for VED?

Simpo Two

93,053 posts

296 months

Monday 2nd September 2024
quotequote all
I reckon it could go one of two ways. Up or up.

ferret50

2,919 posts

40 months

Monday 2nd September 2024
quotequote all
Certain to rise, Rachel Thieves wants every pound she can steal!

And the nasty Tories have already told us that EV's will have to pay from April '25!

anonymous-user

85 months

Monday 2nd September 2024
quotequote all
ferret50 said:
And the nasty Tories have already told us that EV's will have to pay from April '25!
Should be based on Weight.

Turn7

25,776 posts

252 months

Monday 2nd September 2024
quotequote all
ThingsBehindTheSun said:
ferret50 said:
And the nasty Tories have already told us that EV's will have to pay from April '25!
Should be based on Weight.
Very much agree

Sim75

Original Poster:

992 posts

170 months

Monday 2nd September 2024
quotequote all
I can't help but think the BIK will be increased substantially on electric cars in the higher price brackets.

Simpo Two

93,053 posts

296 months

Monday 2nd September 2024
quotequote all
ThingsBehindTheSun said:
ferret50 said:
And the nasty Tories have already told us that EV's will have to pay from April '25!
Should be based on Weight.
And smugness. IC cars are taxed by kg/CO2, EVs should be taxed by Smugness, 1-10.

anonymous-user

85 months

Monday 2nd September 2024
quotequote all
Simpo Two said:
ThingsBehindTheSun said:
ferret50 said:
And the nasty Tories have already told us that EV's will have to pay from April '25!
Should be based on Weight.
And smugness. IC cars are taxed by kg/CO2, EVs should be taxed by Smugness, 1-10.
Absolutely, the scale should be 1 for a Dacia Spring, 3 for an MG, 5 for a Kia/Hyundai, 6 for the VW ID, 7 for a Tesla, 8 for an Audi E Tron/Mercedes EQ/BMW ixdrive40 sport, 9 for a Porsche Taycan and 10 for when Range Rover release a full EV

martinbiz

3,703 posts

176 months

Monday 2nd September 2024
quotequote all
Simpo Two said:
ThingsBehindTheSun said:
ferret50 said:
And the nasty Tories have already told us that EV's will have to pay from April '25!
Should be based on Weight.
And smugness. IC cars are taxed by kg/CO2, EVs should be taxed by Smugness, 1-10.
2nd year tax onwards is the same flat rate for all IC cars from 2017, only the first year tax that the dealer pays to put it on the road is based on emissions

Sim75

Original Poster:

992 posts

170 months

Monday 2nd September 2024
quotequote all
martinbiz said:
2nd year tax onwards is the same flat rate for all IC cars from 2017, only the first year tax that the dealer pays to put it on the road is based on emissions
Plus £500 PA for anything over £40k for 5 years. Which let's be honest, is a Golf GTI or well specced Mini these days.

martinbiz

3,703 posts

176 months

Monday 2nd September 2024
quotequote all
Sim75 said:
martinbiz said:
2nd year tax onwards is the same flat rate for all IC cars from 2017, only the first year tax that the dealer pays to put it on the road is based on emissions
Plus £500 PA for anything over £40k for 5 years. Which let's be honest, is a Golf GTI or well specced Mini these days.
Indeed, It's £410 though, but still a money grabbing rip off for what are a pretty average cars in 2024

Square Leg

16,157 posts

220 months

Monday 2nd September 2024
quotequote all
I wouldn’t put it past them to abolish the 2017 ruling..

Partly the reason I bought a 7 year old weekend car with £190 ved as opposed to a newer one with £600.

Simpo Two

93,053 posts

296 months

Monday 2nd September 2024
quotequote all
Let's face it, the VED system is a complete nonsense - time to throw it away and start again with a different system IMHO. Given that congestion is so rife, perhaps by length, like boats, or length x weight because that's what breaks up roads.

Huzzah

29,069 posts

214 months

Tuesday 3rd September 2024
quotequote all
Simpo Two said:
Let's face it, the VED system is a complete nonsense - time to throw it away and start again with a different system IMHO. Given that congestion is so rife, perhaps by length, like boats, or length x weight because that's what breaks up roads.
I agree but would require consultations, tears and anguiish. So outside the scope of a budget.

Huzzah

29,069 posts

214 months

Tuesday 3rd September 2024
quotequote all
Simpo Two said:
Let's face it, the VED system is a complete nonsense - time to throw it away and start again with a different system IMHO. Given that congestion is so rife, perhaps by length, like boats, or length x weight because that's what breaks up roads.
I agree but would require consultations, tears and anguiish. So outside the scope of a budget.

jrb43

907 posts

286 months

Tuesday 3rd September 2024
quotequote all
Huzzah said:
Simpo Two said:
Let's face it, the VED system is a complete nonsense - time to throw it away and start again with a different system IMHO. Given that congestion is so rife, perhaps by length, like boats, or length x weight because that's what breaks up roads.
I agree but would require consultations, tears and anguiish. So outside the scope of a budget.
Based on no evidence at all, I suspect roads are broken up by length x weight/tyre contact patch. We'd need many more weighbridges. The public could then look to reduce their liability by using a multi-fuel stop strategy, carefully measuring washer fluid, never carrying passengers and squeezing the biggest possible tyres onto a Mk1 Elise. It would really focus the national consciousness....

RECr

550 posts

82 months

Tuesday 3rd September 2024
quotequote all
Simpo Two said:
Let's face it, the VED system is a complete nonsense - time to throw it away and start again with a different system IMHO. Given that congestion is so rife, perhaps by length, like boats, or length x weight because that's what breaks up roads.
Width is probably a bigger factor in congestion, particularly on narrower roads. I'd be happy for ved to be calculated on width.

Dave.

7,901 posts

284 months

Tuesday 3rd September 2024
quotequote all
ThingsBehindTheSun said:
ferret50 said:
And the nasty Tories have already told us that EV's will have to pay from April '25!
Should be based on Weight.
....of the driver hehe

Simpo Two

93,053 posts

296 months

Tuesday 3rd September 2024
quotequote all
RECr said:
Simpo Two said:
Let's face it, the VED system is a complete nonsense - time to throw it away and start again with a different system IMHO. Given that congestion is so rife, perhaps by length, like boats, or length x weight because that's what breaks up roads.
Width is probably a bigger factor in congestion, particularly on narrower roads. I'd be happy for ved to be calculated on width.
Certainly a 'Bloated SUV' surcharge would be a good idea... perhaps it might steer people back to normal cars...!

Sim75

Original Poster:

992 posts

170 months

Tuesday 3rd September 2024
quotequote all
Simpo Two said:
Certainly a 'Bloated SUV' surcharge would be a good idea... perhaps it might steer people back to normal cars...!
Normal car being what exactly? V8 Supercharged sportscar with enough room for 2 and a handbag biggrin