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What you need to know about April 1st VED changes

What you need to know about April 1st VED changes
27 March 2019
 

On april 1st the cost of taxing your car is set to increase, this will have an impact on most new or used cars. The goverment aim to raise more money to pay for future road repairs and upgrades.

 

As announced in the Autumn Budget in 2017, VED (Road Tax) is now linked to inflation via the Retail Price Index (RPI). For most drivers the annual cost will increase by £5, however some older, more polluting cars may face a higher increase.

 

If you lease your car and are currently in a contract then this costs is covered within your monthly payments! If you are lookign to lease a new car then this, and any future increases will also be included in your monthly payments!

 

For more information visit https://www.gov.uk/vehicle-tax