Drivers should be aware of any road tax changes as the new rules went into effect earlier this month.
Road tax (also known as road tax) is a periodic payment you make to the government to keep your vehicle in service.
It is paid for UK registered vehicles with the option to pay 12 months in advance, every six months or monthly. The tax, which is mandatory on the vast majority of vehicles, has been increased since early April in line with Retail Price Index (RPI) inflation of 10.1 percent.
This increased the standard £15 road tax rate to £180 per annum and increased road tax rates for the first year. Drivers of the most polluting cars registered before April 2017 will also face a £65 road tax increase.
In the spring budget, the latest vehicle tax rates were announced, which will apply to all car owners from April 1.
How much more do you need to pay?
The road tax rate you pay depends on when your car was registered and the level of carbon emissions. Vehicles registered after April 2017 are charged at a different rate than vehicles registered before that date.
How do I know when my car is registered?
It is important to note that the date of the first registration of a vehicle does not change with subsequent owners. So a car that was bought new on 12/01/2016 and bought on 12/01/2016 and then sold to someone else on 11/01/2017 will always have the first registration date, for example 12/01/2016.
Your vehicle’s V5C will display the first registration date. If you don’t have the document handy, you can visit the DVLA Vehicle Information Service here and enter your license plate number to find out. You will also find out when maintenance is due and your vehicle’s European emission status.
How much do I have to pay after the latest changes?
The first year vehicle tax rate for vehicles registered after April 1, 2017 is based on the vehicle’s CO2 emissions. Those with higher CO2 levels will see the cost of their first year of road tax increase much more. Drivers pay the highest tax if their car emits more than 255 g/km CO2. This has increased from £2,365 last year to a staggering £2,605 this year.
The standard rate has been applied to owners of petrol and diesel vehicles since the second year, and recent changes have increased it from £165 to £180 per year from April 2023. Those with alternative fuel vehicles such as hybrids pay £10 less per year.
Those whose car costs more than £40,000 will have to pay an additional £390 (up from £355 last year) annually for five years (on top of the standard rate).
Zero-emission vehicles such as electric vehicles and hydrogen fuel cells are now completely exempt from road tax (although electric vehicles will be taxed from 2025).
At the same time, cars registered after March 1, 2001, but before April 2017, will continue to be taxed under the old system. There is no fee for these vehicles in the first year, as drivers pay a flat annual fee based on the vehicle’s CO2 emissions. There are 13 ranges assigned letters from A to M which are calculated on a sliding scale.
Cars in Group A with the lowest CO2 emissions are exempt from road tax, while cars in the highest Group M (those emitting more than 255g/km CO2) have to pay £695 per year. £65 last time of the year.
How do I know if my car is taxed?
You can check the current tax status of your car online at gov.uk. By entering the vehicle’s registration number, you can see if it is subject to current taxes or is registered with SORN.
Here you can also check the tax rate for your car if you have your 11-digit vehicle registration number (V5C).
Source: I News
I’m Jeffery Bryant, and I’m an experienced author specializing in automobile news. For the past several years, I have been working as a writer in a well-known news website. During this time, I’ve written hundreds of articles covering automotive trends and developments both nationally and internationally.