59 cars which face a frankly staggering £2,000 rise in Vehicle Excise Duty under the new Labour Party government have been confirmed. Drivers hit hardest by the tax increase will be buyers of new luxury and performance models that produce more than 255g/km of CO2, with the rate rising by a staggering £2,745 to £5,490 per year. With effect from April 2025, the standard rate of road tax will increase only by the rate of inflation, but anyone buying a car after that date will face a much bigger road tax bill if their car emits more than 75g per kilometre of CO2.
From that 75g threshold, and across every higher CO2 charging band, the Labour Party government is doubling the rates for first-year road tax in a blanket measure that it says will raise £400m for treasury funds next year - and £1.7bn by the end of the decade. READ MORE Majorca demands UK tourists 'adopt' two habits and issues holiday warning The budget briefing document says: “The government recognises the disproportionate impact of the current VED Expensive Car Supplement threshold for those purchasing zero-emission cars and will consider raising the threshold for zero-emission cars only at a future fiscal event, to make it easier to buy electric cars.
” Full list of new cars producing over 255g/km of CO2 Alfa Romeo Stelvio 2.9 V6 Bi-Turbo Audi R8 5.2 FSI V10 Audi RS6 4.
0 TFSI V8 Audi RS7 4.0 TFSI V8 Audi RSQ8 4.0 TFSI V8 Audi S8 4.
0 TFSI V8 Audi SQ7 4.0 TFSI V8 Audi SQ8 4.0 TFSI V8 Aston Martin DB12 4.
0 V8 Ast.
