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Don't think he was specific about new Registrations only, no doubt we'll get more details in the next few days.VED has never been changed retrospectively
And trying buying any EV now for under £40k so it'll be liable to the "Expensive Car Supplement".Let's all stop guessing. Here's the text:
5.34 VED on Electric Vehicles (VED) - From April 2025, electric cars, vans and motorcycles will begin to pay VED in the same way as petrol and diesel vehicles. This will ensure that all road users begin to pay a fair tax contribution as the take up of electric vehicles continues to accelerate. The government will legislate for this measure in Autumn Finance Bill 2022. This means:
• 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 £165 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 5 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
(From https://assets.publishing.service.g...tatement_November_2022_Web_accessible__1_.pdf)
So this does appear to be a retrospective change
So, Free Supercharging for life cars from pre 2017 will rocket in value! £20 a year taxLet's all stop guessing. Here's the text:
5.34 VED on Electric Vehicles (VED) - From April 2025, electric cars, vans and motorcycles will begin to pay VED in the same way as petrol and diesel vehicles. This will ensure that all road users begin to pay a fair tax contribution as the take up of electric vehicles continues to accelerate. The government will legislate for this measure in Autumn Finance Bill 2022. This means:
• 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 £165 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 5 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
(From https://assets.publishing.service.g...tatement_November_2022_Web_accessible__1_.pdf)
So this does appear to be a retrospective change
£165 a year in road tax from April 2025What’s this mean in plain English for a model 3 bought last year
You will pay the standard rate (currently £165) from April 2025.What’s this mean in plain English for a model 3 bought last year
And that's now, add 2 years of inflation.And trying buying any EV now for under £40k so it'll be liable to the "Expensive Car Supplement".
If I'm still alive and driving in 2925 I'll happily pay VED or road tax whatever you want to call it.I'm fine with paying road tax from 2925
I haven't seen details yet, but I'm *hoping* that it's new sales, they haven't altered the VED regime retrospectively before, and frankly I paid 10k of VAT on my car, and the low tax was one of the reasons for that...