Tax legislation to impact motorists

Cars at all emissions levels subject to substantial hikes

Tax legislation to impact motorists
Oly Richmond, CEO and founder of Servicing Stop.

Servicing Stop, a growing car servicing company, has released information on upcoming vehicle tax legislation in the UK.

Cars registered after 1st April will be subject to new tax guidelines, which have gone up substantially.

Petrol and diesel vehicles will now pay £140 a year with hybrid and alternative fuel based vehicles paying £130.

Cars over £40,000 will have to pay an additional £310 a year, for five years.

The first year of vehicle tax is still based on CO2 emissions, but, after that it is now dependent on vehicle type.

Vehicles with zero CO2 emissions will pay nothing.

At first glance, the new legislation complements motorists opting to go electric – but delving deeper, it appears it’s a lose lose situation for motorists, says Servicing Stop.

If vehicles have a list price of over £40,000, after the first year owners will be required to pay the standard rate based on CO2 emissions as well as an additional £310 a year, for the next five years.

These changes were brought in by former chancellor George Osborne as most new cars have such low emissions that they end up paying no tax.

Many newer electric models are priced over the £40,000 threshold and the majority of UK cars that are already on the roads and over £40,000 are not run on renewable energy.

This means they have high CO2 emissions and the owners have paid their car tax in the masses already, unlike owners of cars with low emissions.

‘Making driving unaffordable’

An example of how much this will change tax for the individual motorist: a car emitting 151g/km will be charged £500 instead of £180, while a car emitting 171g/km will be charged £800 instead of £295.

Oly Richmond, CEO and founder of Servicing Stop, said: “I can’t quite believe the extent of the changes.

“We are all for a cleaner environment but we care most about keeping driving affordable for everyone.

“Increasing car tax is another way to keep a batch of young drivers off of the roads, and by making it unaffordable this legislation is removing a livelihood from motorists across the UK who just do not earn enough to justify the increase in tax.

“We will continue to offer the best deals to our customers making sure repairs, services and MOTs are three things off the list that will continue to be affordable, but as for tax, I guess we’ll have to wait and see if the number of car owners drops this year.

“One thing’s for sure – I expect a great deal of cars to be bought this weekend.”

For further information on Servicing Stop, click ‘more details’ below.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


The reCAPTCHA verification period has expired. Please reload the page.

Have your say!

0 0

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.