Vehicle Excise Duty (VED) has changed for cars first registered from 1 April 2017 onwards.
First Year Rates (FYRs) of VED will vary according to the carbon dioxide (CO2) emissions of the vehicle.
A flat Standard Rate (SR) of £140 will apply in all subsequent years, except for zero-emission cars for which the SR will be £0.
Cars with a list price above £40,000 will attract a supplement of £310 on their SR for the first 5 years in which a SR is paid.
All cars first registered before 1 April 2017 will remain in the current VED system, which will not change.
The new rates and bands for the post-2017 VED system are set out in the table below:
|Emissions (g/CO2/km)||First year rate||Standard rate*|
|Example||Make/Model||First Year Cost||Cost in Subsequent Years||5 year cost|
|Pre 1st April 2017||Nissan Qashqai 1.5 Diesel NTec||Nil||£30 per year||£120|
|Post 1st April 2017||Nissan Qashqai 1.5 Diesel NTec||£140||£140 per year||£700|
*cars over £40,000 pay £310 supplement for 5 years