You should pay more attention if your car was built before 2017.
Following the launch of new rates in April, drivers who still need to renew their car tax will face the increased cost of vehicle excise duty. To confuse stuff, on the basis of their register date, cars are divided into two communities, with vehicles divided between whether they hit the highways before or after March 31. Therefore, cost increases are various based on what sort of car or petrol you're operating, leaving some riders puzzled about what rates they should pay. The cost increase will be used to fund the £ 30 billion highway changes proposed by the government.
Talking of old vehicles, it's said that these built before 31 March 2017 with highly polluting rates will see either £ 10 or £ 15 increases in 2019. Petrol and diesel cars with the highest polluting rate could now pay their road tax at rates of up to £ 570 a year compared to the £ 555 amount of last year.
Vehicles Built After 31 March 2017
There will also be rises in vehicles constructed after the cut-off deadline, with petrol and diesel motorists also set to hike their annual expenses. Since last year, prices from the 2nd year and beyond have risen by £ 5 with the price tag now standing at £ 145 a year compared to £ 140 last year.
Brand new cars' owners are also on the line of shooting and are set for this year's largest rise in tax costs. For the highest polluting vehicles, new car costs have risen by £ 65 which can now be charged up to £ 2,000 for the first year depending on their CO2 production.
Electric cars under £ 40,000 are totally free from paying any road tax and are the ideal budget alternative for those. These vehicles are also free to pay ULEZ rates in London and render EV's a useful option for those traveling to the city on a regular basis. But motorists are reminded that in order to prevent being charged, they still have to apply for tax exemption every year.
Diesel vehicle drivers are more impacted than their petrol counterparts, and owing to greater emissions they have to pay additional expenses. The fresh Real Driving Emissions 2 rule refers to fresh vehicles recorded after April 1, 2018 and severe penalties have been imposed on those who do not fulfill the rigid criteria.
For their first year, some owners were charged nearly £ 500 more in road tax as they were driven into a greater tax group. In August, Westminster City Council launched a new diesel surcharge that will see additional parking charges of up to £ 2.45 per hour.