Cars
Increase in Company Car Tax (BIK) Across All Vehicle Types
The Benefit-in-Kind (BIK) rate for zero-emission vehicles is set to increase by 1% each year from 2025 to 2028. Currently at 2%, it will rise to 3% in April 2025, followed by 4% in 2026 and 5% in 2027. For vehicles emitting 75g/km of CO2 or more, the BIK rate will see a 1% increase…
Read MorePick-Up Trucks Lose Company Car Tax Advantage
Well, sort of. Not that we’re suggesting you, a suburban commuter or family car buyer, were eyeing up a pick-up truck purely for tax benefits—of course not. But if you were, no judgement. However, from April 2025, double-cab pick-ups will be taxed as standard passenger vehicles, meaning much higher Benefit-in-Kind (BIK) payments if used as…
Read MoreVED Increases Coming for Petrol, Diesel, and Hybrid Cars in 2025
From April 2025, vehicle tax rates are set to rise across the board, hitting petrol, diesel, and hybrid cars alike. If you’re considering buying a high-emission vehicle, it might be worth registering it before 1 April 2025 to avoid the steeper tax rates.
Read MoreCO2-Based Tax Still Makes EVs Cheaper to Run. At Least Initially
While it’s true that EVs no longer get a free pass on road tax, they’re still significantly cheaper to tax in the first year. However, from year two onwards, all vehicles will be subject to the same £195 annual VED charge, along with the Expensive Car Supplement (ECS) of £410 per year for five years…
Read MoreEV Road Tax is Coming – Even for Older Models
It was inevitable—electric vehicles (EVs) are losing their road tax exemption. From 1 April 2025, any newly registered EV will be subject to a £10 first-year Vehicle Excise Duty (VED) charge, followed by an annual fee of £195 from the second year onwards. Existing EV owners aren’t off the hook either—cars registered between 2017 and…
Read MoreMajor VED Changes in 2025: Road Tax for EVs and More
From April 2025, electric vehicles (EVs) will no longer be exempt from road tax (VED), as confirmed by the Government. Any EVs registered from 1 April 2025 onwards will pay an initial tax of £10 in the first year, followed by an annual charge of £195 from the second year onwards. Existing EV owners won’t…
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