Top Treasury minister explains 'long-term' tax changes for motorists
The UK government is introducing long-term tax changes for motorists, including a new levy for electric vehicles starting in April 2025.
The UK government's Treasury is set to impose significant tax changes for motorists, particularly affecting electric vehicle (EV) owners. Starting from April 2025, the vehicle excise duty (VED) will be expanded to include electric vehicles, marking a critical shift in the country's approach to taxation in the automotive sector. This new tax structure mandates that electric vehicles registered between April 2017 and March 2025 will incur a standard rate of £195, while freshly registered electric vehicles will initially pay a reduced rate of £10 for the first year, rising to the full amount from the second year onwards.