Discussion
https://www.gov.uk/vehicle-tax-rate-tables
You have to pay an extra £325 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle.
You only have to pay this rate for 5 years (from the second time the vehicle is taxed).
You have to pay an extra £325 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle.
You only have to pay this rate for 5 years (from the second time the vehicle is taxed).
Read the Gov VED site, easily searched. It came in with George Osborne’s budget in April 2017.
He was not the Chancellor of the Exchequer at that point, but had added it in an early budget, but that was the introduction date. Therefore some of us were aware, and purchased before that date. In fact winter 2016/17 was a good time to purchase, diesels were EU 6 compliant, discounts high, and this tax was not yet introduced. Like many taxes, they often skew the market (similar to the current stamp duty situation) and have unintended (though not unforeseeable) consequences.
He was not the Chancellor of the Exchequer at that point, but had added it in an early budget, but that was the introduction date. Therefore some of us were aware, and purchased before that date. In fact winter 2016/17 was a good time to purchase, diesels were EU 6 compliant, discounts high, and this tax was not yet introduced. Like many taxes, they often skew the market (similar to the current stamp duty situation) and have unintended (though not unforeseeable) consequences.
Gassing Station | BMW General | Top of Page | What's New | My Stuff