Video by Go Green Autos via YouTube
Source
On the 30th October 2024, Rachel Reeves delivered her first budget for the new UK Labour Government. In this budget were changes to the vehicle excise duty (usually called "road tax") to encourage the shift to electric vehicles by doubling the new rates on all but the most efficient new petrol and diesel cars in their first year. However, the detail was missing and even now at the end of the year, the DVLA still hasn’t published the new rates from April 2025.
In this video I go through the changes and how it affects owners of electric cars and vans and those looking to buy a new car in 2025. But I also cover the rates for petrol and diesel cars as that’s the real shock under the new pricing structure from April 2024.
I made one small mistake in the video. The new rate for older EVs (registered before 31st March 2017) looks like it’s going to be £20 a year and not £10. However, both figures have been used in GOV docs.
The Government’s aim is to encourage the update of EVs. I agree with that view, but not in their methods. The new rates of tax on higher polluting petrol and diesel vehicles is just ridiculous, especially when there are not yet EV alternatives available for some of these vehicles. For example, heaving towing, off-road vehicles etc.
DVLA document https://www.gov.uk/guidance/vehicle-tax-for-electric-and-low-emissions-vehicles
This video was filmed in December 2024.
If you’re thinking about buying a new Tesla, use https://ts.la/matt55592 or enter "matt55592" as a referral code for a discount of your purchase. A new Tesla Model 3 RWD is below the threshold of the "luxury vehicle supplement" and therefore will only be £10 to tax!
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Chapters/timestamps:
00:00 UK road tax system
00:28 New road tax rates for used EVs
00:49 New road tax rates for new EVs
01:49 Expensive car tax is unfair
02:50 New road tax rates for electric vans
03:09 Tow vehicles
03:34 Current 4×4 tax rates
03:58 New rates for new ICE vehicles
04:17 How to get another year free
04:45 Please comment
#gogreenautos #gogreenautosuk #electricvehicles #electricvan
