Alan_uk
A2OC Donor
News is trickling in on the budget including major reform to VED http://www.bbc.co.uk/news/business-33447106
Big sigh of relief for existing vehicle owners, especially us A2 owners I wonder if electrics and maybe hybrids will be in the other 5% and exempt.
PS See Insurance Premium Tax rises from 6% to 9.5%, so for example another £10.50 on £300 motor insurance premium.
bbc said:For cars registered after 1 April 2017, VED will be transformed into three bands - zero, standard and premium. George Osborne said the "standard" charge of £140 would cover 95% of all cars. Revenues will be paid into the Roads Fund from 2020-21 and ring fenced for road improvements. However, the new rates will not apply in the first year after registration. There will be special first year rates linked to a car's carbon emissions.
Big sigh of relief for existing vehicle owners, especially us A2 owners I wonder if electrics and maybe hybrids will be in the other 5% and exempt.
PS See Insurance Premium Tax rises from 6% to 9.5%, so for example another £10.50 on £300 motor insurance premium.
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