Autumn Budget 2024 Huge Road Taxes on New Vehicles & Minor Increases Other Vehicles
Published / Last Updated on 13/11/2024
A Budget that would not raise taxes for working people? Most working people need a car ...
Huge Increases on 1st Registration Road Tax
- There have been huge increases on vehicle excise duties (road tax) for newly registered vehicles with many 1st registration road taxes doubling based upon CO2e per km.
- Newly registered vehicles from 01/04/25 with a list price of more than £40,000+, from year 2 onwards for the next 5 years there is a new Expensive Car Supplement with a huge ‘premium’ road tax of £600 pa (even for “expensive” electric vehicles).
- In year 2 onwards, there are standard (inflationary) increases to road tax for all (non-expensive) types of vehicles including electric vehicles.
Electric Vehicles (EVs)
- There is currently no tax to pay on EVs.
- From 1 April 2025, EVs will pay £10 road tax in the first year of registration.
- Year 2 onwards, EVs will pay the standard rate – currently £190
- Year 2 onwards, “Expensive” EVs will pay the higher £600 road tax rate for 5 years.
- For cars first registered after 31 March 2025, if they are over £40k there will be an ‘expensive car’ supplement to pay. So, based on current rates that would be a total of £600 (£190+£410) for five years.
See below for the current rates:
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Road Tax 1st Registration |
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Rates based on carbon dioxide emissions in the first year from 1 April 2025 |
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CO2 emissions |
Petrol cars (TC48) and diesel cars (TC49) that meet the RDE2 standard |
% Increase |
All other diesel cars (TC49) |
% Increase |
Alternative fuel cars including hybrid cars (TC59) |
% Increase |
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0g/km |
£10 |
NEW |
£10 |
NEW |
£10 |
NEW |
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1 to 50g/km |
£110 |
1100% |
£110 |
367% |
£110 |
NEW |
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51 to 75g/km |
£130 |
433% |
£130 |
100% |
£130 |
650% |
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76 to 90g/km |
£270 |
200% |
£330 |
200% |
£250 |
200% |
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91 to 100g/km |
£350 |
200% |
£370 |
200% |
£330 |
200% |
|
101 to 110g/km |
£390 |
200% |
£420 |
200% |
£370 |
200% |
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111 to 130g/km |
£440 |
200% |
£510 |
200% |
£420 |
200% |
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131 to 150g/km |
£540 |
200% |
£1,290 |
200% |
£520 |
200% |
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151 to 170g/km |
£1,360 |
200% |
£2,080 |
200% |
£1,340 |
200% |
|
171 to 190g/km |
£2,190 |
200% |
£3,110 |
199% |
£1,870 |
200% |
|
191 to 225g/km |
£3,300 |
200% |
£4,440 |
200% |
£2,170 |
200% |
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226 to 255g/km |
£4,680 |
200% |
£5,210 |
200% |
£4,660 |
200% |
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Over 255g/km |
£5,490 |
200% |
£5,210 |
200% |
£5,470 |
200% |
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plus Road Tax from Year 2 onwards (all cars including EVs). |
£190 |
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£190 |
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£190 |
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incl. Expensive Car Supplement with List Price £40k+ (for 5yrs) - Unless an EV registered before 01/04/25 = £190* |
£600 |
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£600 |
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£590 |
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* BUT 'Expensive' EVs Registered after 01/04/25 will pay £600 |
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