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Monday, September 23, 2024

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DVLA Announces New Tax Rules for Electric and Hybrid Vehicles

DVLA Announces New Tax Rules for Electric and Hybrid Vehicles

DVLA Announces Vehicle Tax Changes for Electric and Low-Emission Vehicles

From 1 April 2025, significant changes to Vehicle Excise Duty (VED) will affect electric and low-emission vehicles, including those registered both before and after this date. The zero-tax band (Band A) will be removed, meaning owners of these vehicles will now need to pay VED, starting at £20 for older models and £190 for newer ones. The £10 discount for hybrid vehicles will also be scrapped. Additionally, the "expensive car supplement" for vehicles over £40,000 will now apply to electric models.

What This Means for South Yorkshire Drivers

For electric car owners in Barnsley and across South Yorkshire, this announcement brings new costs. Previously exempt, electric vehicle drivers will now face standard VED charges, so it's worth budgeting for this in future car expenses. This move also highlights the government’s shift towards balancing the costs across all vehicle types as EV adoption increases. Make sure to stay updated with any further developments, as this will affect both individual car owners and businesses with electric fleets.

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