Ĝars that produce anything above 255g/km now have a first-year rate of £2,365.Ĝars that produce 226-255g/km now have a first-year rate of £2,015.
Ĝars that produce 76-90g/km now have a first-year rate of £120.Ĝars that produce 51-75g/km now have a first-year rate of £25.Ĝars that produce 1-50g/km of CO2 now have a first-year rate of £10.Ĝars that produce 0g/km of CO2 will pay £0 in VED (you’ll still need to register the vehicle as taxed though).The first year VED you pay on newly registered vehicles has increased: So, what’s changed in the 2022/2023 financial year? New VED rates are announced in each Spring Budget, and this year the new tax rates on vehicles come into effect from 1 April 2022. After this, you’ll pay the standard rate of tax every year. When the vehicle is first registered, you’ll pay for the first 12 months of tax. The amount of tax you pay on your car is determined by a number of factors including the engine size, the year your car was registered and the level of CO2 emissions.
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