Drivers have 26 days left to get free car tax for | Tech News

Date:

Drivers have 26 days left to get free car tax for | Tech News

Banner Ad

Motorists have just 26 days remaining to secure free car tax before major Vehicle Excise Duty (VED) changes come into effect. Electric car owners will pay VED road tax for the first time from April 1, 2025 with many motorists moved onto the £195 standard fee. Alongside this, electric car owners may be liable for an extra £425 Expensive Car Supplement (ECS) charge if their model is valued over £40,000. 

The updates are one of the biggest changes to VED rates in years and could see many EV owners unaware of the updates caught out. However, experts have warned a simple loophole could see road users make drastic savings.

John Wilmot, CEO and founder of LeaseLoco.com said: “While the introduction of VED for electric cars was expected, many drivers may not realise they can in fact delay these charges for another year by renewing their tax before 1 April.

“Taking advantage of this short window to secure another year of tax-free driving is a no-brainer. 

“It’s a simple step that could save you nearly £200, and with the deadline fast approaching, we’d encourage drivers to act now.”

Simply, electric car owners can re-tax their vehicle for free at any time online even if their renewal isn’t due. 

It means those re-taxing their vehicle before the end of March can secure another 12 months without paying anything. 

Vehicles will be taxed until March 2026 with motorists not paying a penny despite the rule changing from April 1.

Money Saving Expert Martin Lewis has also encouraged road users to take advantage of the offer before it was too late.

The finance guru explained: “Now the crucial thing of this is, you can re-tax at any time, even if you only did it two months ago.

“You can do it again now. You have to pay each time, but it’s currently free so there’s nothing to pay.

“So effectively this is a loophole that says, just go and do your retaxing as near to that deadline as possible and you get an extra year for free.”

Clickable Banner


Stay ahead of the curve with the latest developments in the automotive world! Our website is your ultimate destination for car news, delivering comprehensive updates, in-depth market analysis, and expert insights into the fast-evolving automotive industry. We bring you daily coverage on everything from breakthrough vehicle technologies and industry trends to major announcements that are driving the future of transportation.

Discover how these trends are transforming the road ahead! Visit us regularly for engaging and informative content by clicking here. Our meticulously curated articles cover market trends, investment strategies, and key milestones in today’s rapidly evolving car landscape.

CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Share post:

Popular

More like this
Related

Drivers could get licence '10 days faster’ | Tech News

Drivers could get licence '10 days quicker’ | Tech...

Andy Burnham urged to introduce £40 MOT fee | Tech News

Andy Burnham urged to introduce £40 MOT fee |...

New update on fines for misusing parent and child | Tech News

New update on fines for misusing parent and child...

I’m a car expert – this is the best family car for | Tech News

I’m a car expert - this is the best...

Drivers warned over 'wholly in a bay' | Tech News

Drivers warned over 'wholly in a bay' | Tech...

'I bought UK's most hated vehicle that | Tech News

'I bought UK's most hated vehicle that | Tech...

I’m a car expert – this is the best used SUV for | Tech News

I’m a car expert - this is the best...

Andy Burnham’s petrol and diesel car ban decision | Tech News

Andy Burnham’s petrol and diesel car ban decision |...