Wednesday, 29 March 2017

Buggered Again

New car tax rules due from 1st April are going to make life even more miserable for the UK motorist as there is going to be a change in emissions bands for new cars.

The changes were brought in by former chancellor George Osborne to reflect the fact most new cars have such low emissions that they end up paying no tax- costing the treasury millions.

Which really means that having reached the objective to make the country a greener place, you're still going to get fined for being too compliant.

According to Metro, if a car is registered after 1st April it will pay a one-off tax charge for the first year that varies depending on the CO2 emissions of the vehicle– measured in g/km.  From the second year onwards all vehicles will pay a flat rate of £140 with the only exemption for vehicles that have zero emissions (electric).

The most significant change will be seen in the one-off first year payment which will jump dramatically for higher emission vehicles.  Where as the standard rate will fall beyond the first year in some models.

Cars worth more than £40 000 will also pay an annual supplement of £310 between years two and six. 

Here's how you will be affected by the new car tax rules Credit:

As detailed by Auto Express, that differs significantly from the current first year rate set out below.

Here's how you will be affected by the new car tax rules Credit:

The current emissions bands that will change for new vehicles from April 1 (Picture:

For more information visit the DVLA.

By comparison, this means a car emitting 151g/km will be charged £500 instead of £180.

Those emitting 171g/km will be charged £800 instead of £295.

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