Ev Car tax

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Dermottdog
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Joined: Fri Aug 18, 2023 6:37 pm

Post by Dermottdog »

Hey everybody.

So what’s everyone’s understanding of future EV VED? Am I thinking it could be as much as £390?
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Midgex
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Post by Midgex »

I don't know what you are thinking or why, but unless we see biturbo V8 cars taxed at the same rate as a 900cc shopper, I'd expect a VED closer to the latter than the former.
vanb
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Post by vanb »

Think it is going to be £180 but higher for more expensive cars.
sidehaas
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Post by sidehaas »

Post 2017 EVs are to be taxed at £180 (may increase with inflation) from April 2025. Same as many ICE.
EVs bought from 2025 will be subject to £390 (ditto) luxury car tax if they cost over £40k.
Both these things may change, they are just policy proposals of an outgoing government.
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Ay_Gee
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Post by Ay_Gee »

Renew your tax early, before end of March 2024, to get 2025 - 2026 at £0!
Andy1966
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Post by Andy1966 »

I would imagine it would be the same as our old Hybris £165 probably £180 by the time they tax EV's.
But as other people have pointed out a change of government could change these proposals.
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DumfriesDik
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Post by DumfriesDik »

My thoughts are that the structure of taxation needs to adjusted. We had a Fiesta 1.0ltr petrol and it is zero for taxation. I can not help but think to tax that less than a BEV just doesn't make any sense.

The same goes for 'luxury'. A battery costs £££ and we are lugging it around rather than immense luxury. The cost of a BEV is high but it doesn't mean it is full of luxury.
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Scratch
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Post by Scratch »

DumfriesDik wrote: Wed Mar 13, 2024 3:40 am My thoughts are that the structure of taxation needs to adjusted. We had a Fiesta 1.0ltr petrol and it is zero for taxation. I can not help but think to tax that less than a BEV just doesn't make any sense.

The same goes for 'luxury'. A battery costs £££ and we are lugging it around rather than immense luxury. The cost of a BEV is high but it doesn't mean it is full of luxury.
“..........just doesn't make any sense”

I think you will find that the politicians who control these decisions, don’t do “sense”.
MotMot
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Post by MotMot »

Tax is a means to raise income as well as to incentivise- or disincentivise something. It strikes me the present uK VED policy does neither especially well.

Which sums up the govt really - no strategy.


Anyway - I renewed my car tax this morning and it took less than a min once I’d found my V5. Seems like no brainier.
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