Drivers of 59 car models are set to face a significant £2,000 increase in vehicle excise duty starting from April. The impact will be most felt by those purchasing new luxury and performance models emitting over 255g/km of CO2. The rate for these vehicles will skyrocket by £2,745 to a staggering £5,490 per year. While the standard road tax rate will only rise in line with inflation, any car purchased after the specified date emitting more than 75g per kilometre of CO2 will incur a considerably higher road tax bill.
The first-year road tax rates are expected to double across all higher CO2 bands, a move that is projected to generate £400 million for treasury funds next year and £1.7 billion by the end of the decade, according to a report from Birmingham Live. The government has acknowledged the disproportionate impact of the current VED Expensive Car Supplement threshold for buyers of zero-emission cars. Plans are being considered to raise the threshold specifically for zero-emission vehicles at a future fiscal event to encourage the purchase of electric cars.
The below is a comprehensive list of the new cars that will produce 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
– Aston Martin DBX 4.0 V8
– Aston Martin Vantage 4.0 V8
– Bentley Bentayga 4.0 V8
– Bentley Continental 4.0 V8
– Bentley Continental 6.0 W12
– Bentley Flying Spur 4.0 V8
– BMW Alpina XB7 4.4 V8
– BMW M8 4.4 V8
– BMW X5 M 4.4 V8
– BMW X6 M 4.4 V8
– BMW X7 M 4.4 V8
– Chevrolet Corvette Stingray 6.2 V8
– Ferrari Purosangue 6.5 V12
– Ferrari Roma 3.8T V8
– Ford Mustang 5.0 V8
– Ford Ranger 2.0 TD EcoBlue
– Ford Ranger 3.0 EcoBlue
– Ford Ranger 3.0 V6
– INEOS Grenadier 3.0P
– Jaguar F-Pace 5.0 P575 V8
– Jeep Wrangler 2.0 GME
– Lamborghini Huracan 5.2 V10
– Lamborghini Urus 4.0 V8 BiTurbo
– Lamborghini Revuelto 6.5 V12
– Land Rover Defender 90 5.0 P425 V8
– Land Rover Defender 110 5.0 P425 V8
– Lotus Emira 3.5 V6
– Maserati Levante 3.0 V6
– Maserati Levante 3.8 V8
– Maserati MC20 3.0 V6
– McLaren GT 4.0T V8
– Mercedes-Benz AMG GT 4.0 V8
– Mercedes-Benz G400D
– Mercedes-Benz G63
– Mercedes-Benz GLC63
– Mercedes-Benz GLE63
– Mercedes-Benz GLS63h
– Mercedes-Benz SL55
– Porsche 718 Cayman 4.0 GT4
– Porsche 911 3.7T 992 Turbo
– Porsche Cayenne 4.0T V8
– Porsche Macan 2.9T V6
– Range Rover 4.4 P530 V8
– Range Rover 4.4 P615 V8
– Range Rover Sport 4.4P V8
– Rolls-Royce Cullinan 6.75 V12
– Rolls-Royce Ghost 6.75 V12
– Toyota Hilux 2.8D
– Toyota Land Cruiser 2.8D
– Volkswagen Amarok 3.0 TDI
The introduction of these new tax bands is part of the government’s efforts to drive towards a greener future and promote the adoption of more environmentally friendly vehicles. Stay tuned for further updates on this developing story.