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    Worrying VED changes on April 1st.

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    papa_umau
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    Worrying VED changes on April 1st.

    Post by papa_umau on Wed 15 Feb 2017, 11:08 am

    I have mentioned this before, but because the new changes in ( VED ), Vehicle Excise Duty, at the first of April will mean that the vehicle-owners who buy either hybrids or low-emission diesels and who register them after April 1st 2017 will no longer get a sliding scale of reductions in this tax, I will refresh the news about this road-tax change.

    One of his last jobs before George Osborne was booted out of his Chancellor of The Exchequer job was to claw back the discounts that he was giving for such vehicles.

    From April the first the only vehicles that will get any discount on VED tax will be zero-emission Electric vehicles, ( fully electric ones ), which will generate no tax at all, ( Free of VED tax ).

    All other vehicles will be forced to pay a minimum of 140.00 rising to a total of 310+140 ( 450 ), for five years, that have an emission rating of 255 or over and cost 40,000 or more new.

    There are a few other charges for higher emission vehicles which can be seen in the government publication about this subject HERE





    Once you have visited this page you will find the new scales in a graph if you scroll down to the last page.

    NB Anyone who wants to read that government publication will need to have Adobe Acrobat Reader ( .pdf files reader ), resident on their computer.

    Get the latest Adobe Acrobat Reader free from THIS site.

    ( Just scroll down a bit and click on the big green button ).


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    zathrus
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    Re: Worrying VED changes on April 1st.

    Post by zathrus on Thu 16 Feb 2017, 11:43 am

    That's awful. One might have thought that after Osborne was given the heave they could have ditched his VED tax rises.
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    papa_umau
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    Re: Worrying VED changes on April 1st.

    Post by papa_umau on Fri 17 Feb 2017, 12:13 pm

    I guess he was hoping that this move would drive, ( excuse the pun ), potential diesel and hybrid buyers away and encourage more fully electric cars to be bought on or after the 1st of April.


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