As of April 1, UK drivers have started to feel the impact of the latest car tax rises, after new Vehicle Excise Duty (VED) rates were published.
According to the update, most motorists will be charged an extra £10 to £30 each year – adding to the ongoing cost of living crisis. The VED increase is in line with the latest Retail Price Index (RPI).
The changes have meant substantial increases for drivers, especially those buying brand new cars – as they could be charged an extra £120 for first its first year on the road – known as a showroom tax.
