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News from Ingenia Recruitment

Posted: Wed, 18/01/2017 - 16:56

As most of you know the new rules for vehicle tax comes into force on the 1st April 2017, meaning that after the first year of ownership people will face a standard rate annual charge of £140 a year. Vehicles costing over £40,000 will incur an additional annual charge of £310 with owners facing a VED charge of £450 a year. The good news is dealers should be busy selling new cars before the new tax rules come into force. The bad news is that it will cost owners of vehicles more to tax them, even though the government encouraged us to buy low emission vehicles. Now what’s the point if all vehicle tax is going to be the same, you might as well go out and buy your dream car.