By Car tax prices set to rise
In the latest financial blow to households across the UK, car tax, or Vehicle Exercise Duty, is set to rise as of April 2022, it has been announced.
The move is part of a government effort to encourage the public to use more eco-friendly vehicles.
It is expected that by the end of the decade, petrol and diesel cars will be banned all together.
As petrol prices hit an all time high, current data shows that the cost of petrol, fuel duty and vehicle excise duty already adds up to around £1,100 a year for the average driver.
Now the cost for drivers will increase again – exactly how much your bill is set to rise will be determined by the age of your car and your vehicle’s emissions.
If your car emits no CO2 or is over 40 years old you won’t have to pay any car tax.
Several people, including those with disabilities, may be eligible for exemptions.
But, if your vehicle’s CO2 emissions are up to 50g per km, your fee will be £165, an increase of £10.
For cars that emit between 51 and 150g of CO2 per km, the rate will also increase to £165.
For some vehicles first-year rates will remain the same, while others are subject to different price increases.
Prices may vary dependent on your choice of payment method, and may be subject to fines if not paid on time.
Fines which are unpaid could result in the case being sent to court, which could cost motorists up to £1000.
