The UK is set for a significant rise in car tax from April 2024, impacting a wide range of vehicles. While electric vehicles (EVs) continue to enjoy a low tax rate, a supplementary surcharge for EVs priced at £40,000 or more will likely affect many popular models. Plug-in hybrid SUVs, family cars, and iconic hatchbacks will also face substantial increases in their first-year tax rates.
Indeed, EV drivers will only be paying the lowest showroom tax rate - just £10. Reeves confirmed in the Budget that this will be retained until 2029-30, in a bid to incentivise drivers to switch to electric cars.suggests seven in ten new EVs registered in Britain will be hit by an existing supplementary tax. car tax ; this exists for any brand-new model across all fuel types with starting price of £40,000 or more.
That means all Model Y iterations fall under this category - even the least expensive Model Y, the Long Range Rear-Wheel Drive, priced from £46,990. The premium tax is applied from the vehicle's second year and currently adds £410 to the VED bill for five years in total. This is likely to rise with RPI from April.Audi A3 - increase of up to £1,650Credit: Getty By far the cheapest Audi A3 to tax from 1 April next year will be the brand's plug-in hybrid variant, the '40 TFSI e S-Tronic', which puts out CO2 emissions as low as 7g/km CO2.MG HS - increase of up to £1,095Britain’s most popular budget-friendly SUV, sold with a plug-in hybrid drivetrain, will cost £110 to tax from April - up from just £10 currently.Hyundai Tucson - increase of up to £680Buyers of the Tucson, the hugely popular compact family SUV, will pay a varying amount of VED - depending on which fuel-type they buy.Tucson line-up range from 22 to 158g/km, which translates to increased first-year VED of between £100 and £680. The highest rate is attached to the petrol-powered 1.6T 160PS 6 Speed Manual 2WD N Line S, which starts from £34,500.The VW Golf celebrated 50 years on the road earlier this yearThe world’s most iconic hatchback, which celebrated its 50th birthday in 2024, is another that will see a mighty increase in 2024.in terms of first-year taxation - the entry-level petrol version - will double from £220 to £440.Nissan Juke - increase of up to £270The highest emitting version of Juke has an output of 138g/km CO2.However, the least-emitting powertrain, the
Car Tax EV Tax Electric Vehicles Plug-In Hybrids Car Tax Increases Vehicle Excise Duty (VED)
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