The way vehicle tax is calculated will change for cars and some motor homes that are first registered with DVLA from 1 April 2017.
The change won’t affect any vehicles registered before April, but drivers can check the vehicle tax rates to make sure they know what they need to pay.
The rates explained Vehicle tax for the first year is based on CO2 emissions.
After the first year, the amount of tax that needs to be paid depends on the type of vehicle.
The rates are: £140 a year for petrol or diesel vehicles £130 a year for alternative fuel vehicles (hybrids, bioethanol and LPG) £0 a year for vehicles with zero CO2 emissions.
New vehicles with a list price of more than £40,000
If a vehicle has a list price (the published price before any discounts) of more than £40,000, the rate of tax is based on CO2 for the first year. After the first year, the rate depends on the type of vehicle (petrol, diesel, alternative fuel or zero emissions) and an additional rate of £310 a year for the next 5 years. After those 5 years, the vehicle will then be taxed at one of the standard rates (£140, £130, or £0, depending on vehicle type).
You can read more on the DVLA website https://www.gov.uk/government/news/new-vehicle-tax-rates-from-1-april-2017
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01132 566 999
B & M Leasing Ltd
Grangefield Industrial Estate
B & M Leasing Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 735904
Registered in England & Wales with company number : 09846916 | Data Protection No : ZA180345 | VAT No : 243831033
Registered Office : Grangefield Industrial Estate, Richardshaw Drive, Stanningley, Pudsey, West Yorkshire, England, LS28
Copyright © 2017 B & M Leasing Ltd, All rights reserved.