New car tax changes branded ‘backwards step’ as | Tech News
New car tax changes are a “backwards step” with Labour urged to intervene to cut back the “financial burden” on street customers. Vehicle Excise Duty (VED) updates got here into impact on April 1 with electric car owners among the worst hit.
Those with clean zero-emission models had been exempt from VED fees up until this Spring with owners now facing hefty charges to use the roads. Owners are seemingly concerned, with many suggesting the introduction of new fees was a bad move. A new poll from The Green Insurer found that just over one-third of British motorists (35%) believe the new fees should be scrapped. However, 42% believe the road tax charges on EVs should remain, with a further 23% unsure either way.
Paul Baxter, CEO of The Green Insurer said many individuals were worried the fees could impact affordability of owning a vehicle.
He said: “There is a clear urge for food amongst motorists for stronger Government motion to encourage the swap to electric automobiles.
“We know from our own research that concerns exist over affordability, so the introduction of vehicle excise duty on electric cars that came into force in April this year would seem to be a backward step.
“Instead, we imagine the Government ought to be trying to scale back the financial burden for these drivers who’re opting to drive greener automobiles, by taking a look at measures such as the elimination of Insurance Premium Tax on car insurance coverage for electric automobiles.”
Around two in five road users (40%) have already accepted that they will buy at least one more petrol, diesel or hybrid car before the ban on new sales in 2030.
Most concerning for manufacturers is that this is double the number (19%) who say that their next car purchase will be an EV.
Meanwhile, 42% of individuals polled said they didn’t plan on buying a new car at all before the petrol and diesel ban comes into effect at the end of the decade.
Electric car owners will now pay the usual £195 VED price in keeping with petrol and diesel homeowners from the second 12 months on the roads.
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