Are Electric Cars Subject To Road Tax Electric car owners will have to pay vehicle excise duty better known as road tax from 2025 the chancellor has announced Industry figures said the imposition
As such while electric cars don t currently pay road tax new EVs registered on or after 1 April 2025 will incur the lowest first year The big news for drivers in the Autumn Statement was that electric cars will no longer be exempt from road tax From April 2025 all cars whether they are petrol diesel or electric will be subject to the
Are Electric Cars Subject To Road Tax
Are Electric Cars Subject To Road Tax
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Right now 2023 you don t have to pay any road tax on electric cars There is some road tax for hybrid cars but it s much less than for petrol or diesel equivalents If you get your EV through work There are now more than one million electric cars on the roads that are currently not subject to car tax While EVs priced over 40 000 are subject to first year premium tax they
Electric cars are to be subject to vehicle excise duty for the first time under measures to be introduced by Jeremy Hunt the UK chancellor in this month s Autumn New zero emission vehicles would also be liable to pay the Expensive Car Supplement if the vehicle has a list price of more than 40 000 with charges currently
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In the UK alone gasoline and diesel duties are expected to raise 24 3 billion 31 billion in 2023 2024 more than what the British government takes from alcohol The problem that many EV owners are facing is that some states are taxing electric vehicle drivers at rates much higher than the average driver pays in gas taxes effectively punishing
The chancellor s Autumn Statement announced that electric cars vans and motorcycles will pay road taxes from April 2025 At present they do not do so a move The Local Government Association also welcomed the move saying that although electric cars are much less harmful for the environment than petrol and diesel
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Electric car owners will have to pay vehicle excise duty better known as road tax from 2025 the chancellor has announced Industry figures said the imposition
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As such while electric cars don t currently pay road tax new EVs registered on or after 1 April 2025 will incur the lowest first year
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Are Electric Cars Subject To Road Tax - Summary Road tax officially known as Vehicle Excise Duty VED is calculated based on the CO 2 tailpipe emissions of your vehicle its list price and which
