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Petrol and diesel drivers will be affected by new auto tax increases starting on April 1st

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Vehicle Excise Duty (VED) fees for owners of petrol and diesel vehicles may increase as of April 1st. The increase in VED fees in line with the Retail Price Index (RPI) may result in hundreds of pounds more being paid by some drivers.

Car owners would still feel the “impact” of the program, according to HM Revenue and Customs (HMRC), even if the rates “will remain unchanged in real terms”. Costs associated with VED will rise most for cars that emit greater emissions. This implies that under the new spring rates, owners of gasoline, diesel, and hybrid vehicles will all pay extra. However, owners of electric vehicles are exempt from VED fees for the time being.

After April 2025, plans are in place to alter this. Then, the amount of pollution your automobile produces and its age will determine how much your VED will cost. The regular rates have increased from £180 to £190, meaning that if your car was registered after April 1, 2017, you may have to pay an additional £10. Additionally, you will be required to pay an additional fee known as the Expensive Car Supplement if you purchased a car for more than £40,000 during the previous five years.

The fee will rise from its current £390 to £410 in April. Those who purchased brand-new automobiles in the previous year would be most impacted by this.

Band K and J rates will increase by £20, while Band L prices will increase by £35. Less polluting cars will see a smaller price increase than the other categories.

Engines above 1549cc that were registered prior to March 1, 2001, may incur an additional £20 in fees, whilst engines under 1549cc may only incur an additional £10.

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Dulal Ahmed Chowdhury

Dulal Ahmed Chowdhury is the Editor of The Daily Dazzling Dawn. Previously, he has been serving in important positions in all the famous national dailies of the Bangladesh since the nineties. He has played a commendable role in journalism by participating in various events at the national and international levels. United Nations Conference, World Climate Conference, SAARC Summit are notable among them.

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