The findings have prompted Chancellor Rachel Reeves to increase the luxury car tax threshold for EVs to £50,000 as of April ...
THE United Kingdom has broken a taboo: Driving electric vehicles (EVs) won’t be tax free – and rightly so. What follows is an ...
Britain’s electric and plug-in hybrid vehicle owners will be subject to a pay-per-mile tax, under UK budget measures tipped to dent demand at a time when carmakers must meet an EV sales mandate.
Classic car owners have finally found out whether tax exemption rules around Vehicle Excise Duty (VED) payments will change.
Electric vehicle (EV) users in Northern Ireland are calling for more clarity on what a new tax announced in the Budget will ...
Modern electric vehicles are transforming the roads with low noise, rapid acceleration and zero exhaust emissions. However, drivers of electric vehicles in the UK will now face a new 3p per mile ...
Is it still worth buying an electric car? Electric vehicle (EV) drivers got a shock in the Budget when chancellor Rachel ...
Some drivers will not have to pay any vehicle tax in 2026, with exemptions for disabled passenger vehicles, classic cars, ...
The Office for Budget Responsibility (OBR) leaked details of the 2025 Budget ahead of Reeves’ Commons announcement, estimating the mileage charge will raise around £1.4 billion a year by 2029-30, with ...
The UK’s Society of Motor Manufacturers and Traders (SMMT) has said that singling out electric cars for a new pay per mile tax would ‘suppress demand, discouraging consumers and making ever-tougher ...
Vehicle excise duty, often referred to as car or road tax, is paid for by all drivers. For all but the lowest emission cars, ...
The Financial Conduct Authority’s plan to compensate consumers who were missold car loans will reduce the UK government’s tax receipts by £2 billion ($2.6 billion), reflecting the extent to which ...