Motorists ‘left in the dark’ over new car tax | Tech News
Drivers are being “left in the dark” over radical new car tax adjustments launched earlier this week for petrol, diesel and electric car homeowners, in accordance with specialists.
New evaluation from Leasing.com discovered virtually a third (30%) of UK drivers are unaware of how the new Vehicle Excise Duty (VED) charges will have an effect on them. Among those that have heard about the updates, a whopping 16% admit they nonetheless don’t absolutely perceive them. Leasing.com means that many street customers may face a shock when renewing their street tax or shopping for a car. Mike Fazal, motoring professional and CEO at Leasing.com, burdened there was an “urgent need” for new updates.
He mentioned: “For years, car tax rates have been relatively stable, but these new updates introduce significant cost increases, particularly for higher-emission vehicles and premium models.
“Our analysis reveals that many drivers are nonetheless in the darkish, underscoring the pressing need for clearer info to help them plan forward.
“With leasing, VED is built into your fixed monthly payment, which can help drivers budget more easily.”
New VED charges had been launched on April 1, 2025 with virtually all petrol, diesel and electric car homeowners affected.
Many chargers have elevated in line with Retail Price Index (RPI) inflation with customary charges up from £190 to £195.
However, some further will increase have come into impact for 2025 with motorists holding the keys to sure fashions set to be more affected.
Electric and hybrid VED exemptions have come to an finish with all homeowners set to pay the £195 customary charge.
However, many will likely be compelled to pay an additional £425 Expensive Car Supplement (ECS) for all autos priced over £40,000.
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