Don’t let road tax take you for a fool

By Swansway Motor Group

23 Mar 2020

carnival-1180981_1280.jpg

From April 1st 2020, Vehicle Excise Duty (widely known as car tax or road tax) is changing, for the first time it will be calculated using WLTP (Worldwide Harmonised Light Vehicle Test Procedure) carbon dioxide figures, which means the greener the vehicle, the lower the tax.

With WLTP giving a more realistic evaluation of your vehicle’s CO2 emissions (g/km), it’s likely that your road tax will increase. The good news is, if you’re driving an electric car or thinking of going electric at 0g/km it’ll be in VED Band A and you won’t have to pay anything.

However, on the other side of the spectrum, there’s VED Band M for cars which emit over 255g/km of CO2 and if you’re an owner of one of these cars you’ll have to fork out £2,135 during your first year of ownership.

To get ahead of the increase, it’s as simple as buying a new car before April 2020 when road tax increases and as you can see below, this could save you quite a bit of money on the first year of VED.

If you want further information on reducing your VED then family-owned Swansway Motor Group can help find you a new vehicle and avoid increased Road Tax.

VED Band

CO2 Emissions (g/km)

First-Year Rate

First-Year Rate for non-RDE2 Diesels

Alternative Fuel Vehicles

A

0

£0

£0

£0

B

1 - 50

£10

£25

£0

C

51 - 75

£25

£110

£15

D

76 - 90

£110

£130

£100

E

91 - 100

£130

£150

£120

F

101 - 110

£150

£170

£140

G

111 - 130

£170

£210

£160

H

131 - 150

£210

£530

£200

I

151 - 170

£530

£855

£520

J

171 - 190

£855

£1,280

£845

K

191 - 225

£1,280

£1,815

£1,270

L

226 - 255

£1,815

£2,135

£1,805

M

Over 255

£2,135

£2,135

£2,125

 

Latest news

1

fulfilmentcrowd reports record-breaking performance LeeThompsonfulfilmentcrowd

fulfilmentcrowd reports record-breaking performance

20 Dec 2024

2

Record year for Grant Thornton Northern deals team The team

Record year for Grant Thornton Northern deals team

20 Dec 2024

3

New partner among family team hires as Brabners strengthens personal offer Cara Nuttall Chris Fairhurst And Hannah Saxe

New partner among family team hires as Brabners strengthens personal offer

20 Dec 2024

4

Amazing Accrington bring in almost £400k in funding to Hyndburn Clayton Boxing Club press.jpg.jpg

Amazing Accrington bring in almost £400k in funding to Hyndburn

19 Dec 2024

5

BAE Systems solar powered aircraft achieves new stratospheric success The flight

BAE Systems solar powered aircraft achieves new stratospheric success

19 Dec 2024

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
The Lancashire Festival of Business
FOB 315
Exhibitions
30 Jan 2025

The Lancashire Festival of Business

Impact Conferencing, Burnley, BB12 6QP

09:30 - 16:00

Skills Bootcamp in Procurement - Cohort 3
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Awards
14 Jan 2025 - 18 Mar 2025

Skills Bootcamp in Procurement - Cohort 3

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

Preston Tech Connection - January Meet-Up
Nov Preston Tech Connection event banner-4.png.png
LBV Hub Networking
15 Jan 2025 - 15 Jan 2025

Preston Tech Connection - January Meet-Up

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

R.I.S.E. and Shine
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
16 Jan 2025 - 16 Jan 2025

R.I.S.E. and Shine

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

08:45 - 11:00

The Business Network Central & East Lancashire
LBV Hub Networking
16 Jan 2025 - 16 Jan 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

LBV120 Magazine Launch Event
DSC9389
Networking
17 Jan 2025

LBV120 Magazine Launch Event

Lancastrian Suite, Town Hall, Chorley, PR7 1DP

08:30 - 10:30

Red Rose Awards 2025
Red Rose Awards 2025
Awards
13 Mar 2025

Red Rose Awards 2025

Winter Gardens Blackpool

18:00 - 11:59

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV118 Online Graphic
Subscribe now

Weekly news bulletin