Petrol and diesel owners expected to be ‘battered’ over car tax VED changes


Petrol and diesel owners will likely be “battered even more” with new car tax changes set to be introduced, according to a motoring analyst.

The pundit warns fees will likely be increased across the board as more motorists make the switch to electric vehicles.

A pay-per-mile car tax system will also likely be installed at “some stage in the future” in exchange for emissions-based charging.

The remarks come from the YouTube channel DefinitelyNotAGuru, a motoring speculator specialising in handing out car guidance.

Channel host Jim predicted that widespread car tax updates could be on the horizon as he went over the latest fees with his viewers.

Speaking on YouTube, Jim opined: “I dare say that once a significant number of the population have moved over to electric cars they will up that further.

“I dare say petrol and diesel car drivers will get battered even more. It does look like at some stage in the future we will move to a pence-per-mile form of road taxation.

“The only thing we can ever say with any degree of certainty when it comes to cars and taxation going forwards is it will probably cost you more than it used to.”

His warning comes just months ahead of a planned increase in VED fees set to affect almost all vehicle owners. HM Revenue and Customs (HMRC) have confirmed VED rates will rise from spring 2024 in line with Retail Price Index (RPI) inflation.

The update means fees will rise from April 1 with those owning polluting petrol and diesel models most affected.

Experts at Pete Barden have predicted fees will likely rise by around six percent with owners of new vehicles registered after April 1, 2017, expected to see a £10 increase.

Vehicles built between 2001 and 2017 will be charged extra depending on how much pollution they emit.

Motorists owning cars in the most polluting Band K category will be billed £735 per year compared to just £695 in 2023.

Older vehicles above 1549cc and registered before March 1, 2001, will see yearly fees jump from £325 to £345.

The highest increase comes for new car owners paying first-year tax charges. Those with the keys to a brand new model emitting 255g/km of CO2 will pay a whopping £140 more from last year with fees topping £2,745.

HMRC officials stress rates will “remain unchanged in real terms” but admit the new fees will have an “impact on motorists owning a car”.

Leave a Reply

Your email address will not be published.

Previous Story

Princess Kate and Princess Charlotte's Wimbledon moment has gone viral

Next Story

Keep squirrels out of your garden with quick and easy DIY repellent the pests ‘hate’