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Honda Jazz Forums => Honda Jazz Mk4 2020 - => Topic started by: JJazz on November 17, 2024, 06:51:44 AM

Title: VED doubling for first year for new Jazz?
Post by: JJazz on November 17, 2024, 06:51:44 AM
Vehicle Excise Duty doubling for first year for new Jazz from April 2025?.

Another stealth tax.
Title: Re: VED doubling for first year for new Jazz?
Post by: Kremmen on November 17, 2024, 08:43:25 AM
Motoring has become a very costly exercise

As I've posted before, I'm soon selling mine

Mine was serviced on 20th August and since then I've done 47 miles, not worth keeping it

Once I've had a sort out, done a tip run, got some plywood in for a project then it's gone

So far

Dealer £16,750 (in August)
Motorway £16,435
WBAC £16,150
Title: Re: VED doubling for first year for new Jazz?
Post by: davejazz on November 17, 2024, 10:23:25 AM
Vehicle Excise Duty doubling for first year for new Jazz from April 2025?.

Another stealth tax.


So, the vehicle excise duty increase, is just for the first year?
Title: Re: VED doubling for first year for new Jazz?
Post by: JJazz on November 17, 2024, 11:07:29 AM
Looks like it. Some cars will cost £5,490 for first year.
Title: Re: VED doubling for first year for new Jazz?
Post by: Lincolnshire Rambler on November 17, 2024, 11:34:56 AM
Perhaps the increase in road fund licence costs will be used to fund the billion pound of london  bus style buses about to be seen across england …or maybe the revenue will be for potholes … having regular reliable buses on a bigger network in rural areas could mean more jazz owners not needing a car ….just mind the flying pigs as you wait at the busstop
Title: Re: VED doubling for first year for new Jazz?
Post by: embee on November 17, 2024, 12:13:24 PM
When I was looking for a second car for general running around and self employed work, I specifically considered overhead costs.
I ended up with a 2011 Yaris,  a couple of hundred insurance and still (for now) £35 road tax. Depreciation is fairly trivial,  at the very worst l could lose about 4 grand even if it was worth nothing at all, but the way things are going it's probably getting more desirable.
The ongoing stealth taxes, blatantly on vehicles, are pretty horrendous,  and I can't see it getting any better. I'm very surprised the duty on petrol wasn't increased. The underlying gist is on ownership not on consumption, wait for the next "wealth " taxes.
Don't start me on inheritance tax, both for farmers and personal pensions ....
OK,  too political,  apologies.
Title: Re: VED doubling for first year for new Jazz?
Post by: Karoq on November 17, 2024, 12:33:16 PM
Looks like it. Some cars will cost £5,490 for first year.
This has nothing to do with JAZZ or Crosstar.
Here are the facts
2025 Road Tax Calculator (New VED Rates)
CO2 emissions   Standard Rate   First Year rate
0 g/km   £0   £0
1 to 50 g/km   £190   £10
51 to 75 g/km   £190   £30
76 to 90 g/km   £190   £135
91 to 100 g/km   £190   £175
101 to 110 g/km   £190   £195
111 to 130 g/km   £190   £220
131 to 150 g/km   £190   £270
151 to 170 g/km   £190   £680
171 to 190 g/km   £190   £1095
191 to 225 g/km   £190   £1650
226 to 255 g/km   £190   £2340
Over 255 g/km   £190   £2745
What are the New Electric Car Tax Rates?
As the government is effectively removing the £0 Band A category on the existing tax system, vehicles already in this band (electric vehicles) will move to other car tax bands.

Electric and low emission cars registered on or after 1 April 2025

New zero-emission (electric) cars registered from 1 April 2025 will incur the lowest first-year rate of VED. That's currently £10 but is likely to rise.

From the second tax payment onwards, these vehicles will pay the standard rate. This is £190 for 2024 but is subject to change for 2025.

Electric and low emission cars registered between 1 April 2017 and 31 March 2025

Again, you'll pay the standard rate. This is £190 for 2024 but is subject to change for 2025.

Electric and low emission cars registered between 1 March 2001 and 31 March 2017

These vehicles will move to the first band that has a VED value. At present, this is £20 for the current tax year but is subject to change for 2025.

Hybrids and alternative fuel vehicles

The annual flat rate is reduced by £10 to £180.

If you want to work a flanker on the DVLA.....SORN your car on the 15th March, they re-tax it on the 25th March and you will get  years tax at the 2024 rate! ;D
Title: Re: VED doubling for first year for new Jazz?
Post by: 5thcivic on November 17, 2024, 02:10:04 PM
Thanks, that info make some of the hysteria in the newspapers look really stupid.
Title: Re: VED doubling for first year for new Jazz?
Post by: Westy36 on November 17, 2024, 07:13:03 PM
How on earth is a supermini class car subject to higher tax? Expensive motors, sure, but little motors? Doesn't make a lot of sense to me!

[quote removed by Admin]

 

 
Title: Re: VED doubling for first year for new Jazz?
Post by: Expatman on November 17, 2024, 10:31:07 PM
“Extra” VED is for first year only providing full invoice price of car is less than £40k. After that it reverts to £190 per annum but that will be hiked by inflation rate each year from now on. I believe the plan is to hike by RPI rather than CPI to squeeze the maximum from us.