Change to Vehicle Tax Rates
On 1 April 2017 the vehicle tax rates changed. Make sure you are familiar with these changes.
On 1 April 2017, vehicle tax rates changed. These new rates were introduced for all cars and some motorhomes which are first registered on or after 1 April.
There are two types of tax rates:
The first is based on CO2 emissions. When the first vehicle tax period has ended (either after 12 months or if the vehicle is sold or transferred within the first 12 months), the amount of tax to pay depends on the type of vehicle:
- £140 per year for petrol or diesel vehicles…
- £130 a year for alternative fuel vehicles (hybrids, bioethanol and LPG)
- £0 a year for vehicles with zero CO2 emissions.
If a vehicle has an original list price (published price before any discounts) of more than £40,000, the rate of tax is based on CO2 alone for the first time it is taxed. When the first tax period has ended, the rate that needs to be paid depends on the type of vehicle (petrol, diesel, alternative fuel or zero emissions) plus an additional rate of £310 a year for the next 5 years. After this, the vehicle is then taxed at one of the above, standard rates.
To check your vehicle tax rate, follow the link.
https://www.gov.uk/vehicle-tax-rate-tables