Well Guys and Gals,

I got my road tax renewal notice come through today and its gone up toooo "Drum Roll"....... £365 for 12 months, every 6 months....£200.75 or if you pay monthly by direct debit...£383.25

I do it every year for 12 months to get the pain out of the way.

NB: Checkiing my records.... when I taxed it in 2007 12 months was £190.00

€636 in Ireland. Has been for at least 10 years now.

It's strange how the tax works now. Best year appears to be 2016, ULEZ compliant euro 6 with £0 VED

 

 

 

https://www.autotrader.co.uk/car-details/202401035217639?sort=relevance&advertising-location=at_cars&co2-emissions-cars=TO_100&make=SKODA&model=Octavia&postcode=m456dj&year-from=2016&year-to=2016&fromsra

 

They are really trying to price us out. It's now more expensive to tax the car, than insure it.

There are people have surprises coming their way.

 

GB News.  Sorry.....

No idea why it says 'England' as far as the tax payers,, probably they are incapable of saying Britain or the UK always just on some occasions.

(Scotland does have different Taxation, but not for these business users and pick-up trucks do they?)

 

 

Proper explanations here.  Pre 2001. 

 

 

 

 

 

 

Edited 18 February, 20242 yr by Rooted

Owners of EVs are going to pay from 2025 as well I believe….

Edited 18 February, 20242 yr by classic

8 minutes ago, classic said:

Owners of EVs are going to pay from 2025 as well I believe….

 Could be a tactical move to encourage private buyers to  buy 2nd hand over new evs to boost the 2nd hand market?

 

 

59 minutes ago, classic said:

Owners of EVs are going to pay from 2025 as well I believe….

They’re retrospectively taxing EVs at the standard rate for anything post 2017

Not a tactical thing to encourage second hand ev purchases then.

 

 

 

https://www.drive-electric.co.uk/guides/general/new-rules-for-road-tax-on-evs/

I mis-read the first one 🫢

 

 

From 1 April 2025, electric vehicles will need to pay for VED – road tax. Announced by the Government in the 2022 Autumn Budget, Chancellor Jeremy Hunt stated: “To make our motoring tax system fairer I’ve decided that electric vehicles will no longer be exempt from Vehicle Excise Duty (VED).”

The changes are as follows:

• New zero-emission cars registered on or after 1 April 2025 will be liable to pay the lowest first-year rate of VED (which applies to vehicles with CO2 emissions 1 to 50g/km) currently £10 a year.
• From the second year of registration onwards, they will move to the standard rate, currently £180 a year
• Zero emission cars first registered between 1 April 2017 and 31 March 2025 will also pay the standard rate
• The Expensive Car Supplement exemption for electric vehicles is due to end in 2025. New zero emission cars registered on or after 1 April 2025 will therefore be liable for the Expensive Car Supplement. The Expensive Car Supplement currently applies to cars with a list price exceeding £40,000 for five years
• Zero and low emission cars first registered between 1 March 2001 and 30 March 2017 currently in Band A will move to the Band B rate, currently £20 a year
• Zero-emission vans will move to the rate for petrol and diesel light goods vehicles, currently £290 a year for most vans
• Zero-emission motorcycles and tricycles will move to the rate for the smallest engine size, currently £22 a year
• Rates for Alternative Fuel Vehicles and hybrids will also be equalised

https://www.rac.co.uk/drive/electric-cars/running/electric-car-road-tax-guide-do-i-need-to-pay/

Edited 18 February, 20242 yr by Stonekeeper

I suppose there is still a possibility that things could change running up to a general election?

Hardly likely pre budget or Autumn announcement, or pre April or even Jan 2025.

But things might very well change as far as attempts to make things positive for some, or after this Budget Announcement or the Emergency one after the GE. 

Millions or billions will have been spent already by the Treasury / HMRC and the DfT in preperation.   Not in advertising this time though.

 

Well hard working or not hard or any work families will be very much affected.

 

Then really everyone is affected since more than half the vehicles on UK roads are Company / Fleet cars, Local Authorities , emergency services, utility companies etc.

So higher expenses to Councils, NHS etc. 

Then to businesses so passed on to consumers / customers. 

 

Many many EV,s are run by business's, and then Motability own many and they are VED exempt.  

Edited 18 February, 20242 yr by Rooted

6 minutes ago, Stonekeeper said:

I suppose there is still a possibility that things could change running up to a general election?

 

 

@Rooted  it is not beyond a possibility that Hunt's announcement was made in a desperate attempt to Balance his budget the year he said it. Therefore a miraculous improvement in Govt finances may make it unnecessary and he can change his mind ahead of a GE in a subsequent budget.

Announcements cost us all a fortune.

George Gideon Osborne was a cracker announcing stuff that would come in down the line.

 

Jeremy Hunt and Rish Sunak have something that is retrospective so people bought vehicles as much as a decade ago knowing there was no VED on them and now they are getting screwed.

On 09/02/2024 at 14:35, Silver Bullet said:

Well Guys and Gals,

I got my road tax renewal notice come through today and its gone up toooo "Drum Roll"....... £365 for 12 months, every 6 months....£200.75 or if you pay monthly by direct debit...£383.25

I do it every year for 12 months to get the pain out of the way.

NB: Checkiing my records.... when I taxed it in 2007 12 months was £190.00

Did no one tell you?

You're supposed to tax it every year lol

17 minutes ago, Rooted said:

Announcements cost us all a fortune.

George Gideon Osborne was a cracker announcing stuff that would come in down the line.

 

Jeremy Hunt and Rish Sunak have something that is retrospective so people bought vehicles as much as a decade ago knowing there was no VED on them and now they are getting screwed.

 

anyone who didnt think EVs were eventually going to get taxed at some point (and also have buying incentives removed because that will also happen) was IMHO smoking crack.

Technically its not retrospective. Older EVs are simply having their VED rate raised from £0 to  minimum £20.

It's no different to VED rates going up for ICE vehicles

The VED rates going up on ICE vehicles is a **** take as were the £0, £20 & £30 VED vehicles that still only got pathetic MPG,s and that many bought with the £2,000 scrappage money. 

 

People did know that EV,s would eventually be taxed.

They are getting taxed heavily now with Public charging and the 20% VAT.    But then the business / VAT registered can claim that back. 

6 minutes ago, Rooted said:

 

They are getting taxed heavily now with Public charging and the 20% VAT.    But then the business / VAT registered can claim that back. 

Actually that's an interesting comparison.

The tax paid on charging by electric is effectively only the 20% VAT where as petrol/diesel is taxed at 52.95p per litre and then VAT at 20% is then paid on the wholesale price + the flat tax rate so therefore tax paid on electric is lower as an element of the price per unit.


Actually its even worse than that if this is correct


VAT is applied after fuel duty, so, for example, the pump price of a litre of petrol currently reflects the pre-tax price plus 52.95p for fuel duty plus 20 per cent VAT on the pre-tax price and a further 10.59p for VAT at 20 per cent on fuel duty.

6 minutes ago, Winston_Woof said:

Actually that's an interesting comparison.

The tax paid on charging by electric is effectively only the 20% VAT where as petrol/diesel is taxed at 52.95p per litre and then VAT at 20% is then paid on the wholesale price + the flat tax rate so therefore tax paid on electric is lower as an element of the price per unit.


Actually its even worse than that if this is correct


VAT is applied after fuel duty, so, for example, the pump price of a litre of petrol currently reflects the pre-tax price plus 52.95p for fuel duty plus 20 per cent VAT on the pre-tax price and a further 10.59p for VAT at 20 per cent on fuel duty.

 

Vat is charged on the fuel duty

 

https://www.racfoundation.org/data/percentage-uk-pump-price-which-is-tax-page

I paid €80 total road tax for my first 15 years in France, the carte grise cost for the MK1 Octavia.

 

The MK2 cost me about the same €80 because it was over 10 years old so half price but as I sold it sooner than planned because of wanting the Yeti as a project that was only spread over 2 or 3 years so expensive by my standards.

 

The Yeti came with quite a significant malus payment to make on first registration in France, that it was 3 years old did not matter, it's on first registration, because they dragged their heels with my application (the start of the pandemic) the Yeti had its 4th anniversary so the carte grise, taxes and malus payment all dropped by 1/4, I ended up paying something like €200, its coming up to 4 years now and I intend keeping it for decades so the effective annual cost will be very little.

 

My insurance has just gone up to €200 pa which is what happens if you dont keep on top of them and change companies if necessary, I used to pay €110 pa, each change of vehicle they stuff it up even when its a lower insurance group.

 

So you can see in my country there is a big incentive to keep a vehicle for a very long time.

The malus payments on big, or expensive or polluting vehicles can be eye watering, probably €15k if you imported one of now uninsurable Range Rovers, up to €30K for other "look at me and how much money I have" vehicles, owners love to boast about how much the malus payment was, they wear it like a badge of pride.

@Winston_Woof  It was the EU / UK that wanted to reduce emissions and to incentify the change to Electric Vehicles as there are targets they set and penalties for the governments to pay if they miss them.

 

So the incentives are going for private buyers and those that require to public charge in the UK.    It is  actually 5% tax on electricity for those using charging at domestic premises.

 

The years of pain are starting for those running ICE vehicles that are not VED exempt.   

Being VED exempt i have no skin in the game so really could not give a monkeys about the changes.

 

It is still taking the pith as far as the cost of living and stuff.

Edited 18 February, 20242 yr by Rooted

On 09/02/2024 at 21:27, Stonekeeper said:

It's strange how the tax works now. Best year appears to be 2016, ULEZ compliant euro 6 with £0 VED

 

 

 

https://www.autotrader.co.uk/car-details/202401035217639?sort=relevance&advertising-location=at_cars&co2-emissions-cars=TO_100&make=SKODA&model=Octavia&postcode=m456dj&year-from=2016&year-to=2016&fromsra

 

I have a 66 plate Octavia registered Jan 2017 Octavia. It got in before the change in April 2017. I don't pay road tax. I've been thinking lately of changing the car but in view of the way that tax and insurance is spiralling out of control I'll probably just keep it going until it drops. It's a 1.6 diesel with only 40,000 miles on the clock and easily get 50 mpg local driving and can get up to 75 mpg on a long run. Still wouldn't be surprised if they started charging road tax for mine in the future though ☹️

4 minutes ago, silverden said:

I have a 66 plate Octavia registered Jan 2017 Octavia. It got in before the change in April 2017. I don't pay road tax. I've been thinking lately of changing the car but in view of the way that tax and insurance is spiralling out of control I'll probably just keep it going until it drops. It's a 1.6 diesel with only 40,000 miles on the clock and easily get 50 mpg local driving and can get up to 75 mpg on a long run. Still wouldn't be surprised if they started charging road tax for mine in the future though ☹️

 

Zero and low emission cars first registered between 1 March 2001 and 30 March 2017 currently in Band A will move to the Band B rate, currently £20 a year

Those that really get it bad are where they can not keep a vehicle that will cost them if in LEZ,s.  Or a LEZ like Glasgow where you can not pay the charge as not allowed in and the charge is a fine that doubles each time you commit the offence of taking the non compliant vehicle in. 

Edited 18 February, 20242 yr by Rooted