Drivers of luxury and high-performance vehicles are set to be hit with a significant increase in vehicle excise duty, with 59 cars now confirmed to face a £2,000 hike. Those owning new models emitting over 255g/km of CO2 will see the charge rocket by a staggering £2,745, taking it up to £5,490 per year.
This change is set to take effect from April 2025.
While the general road tax rate will rise at the rate of inflation, cars emitting more than 75g of CO2 per kilometre purchased after this date will.
be subject to significantly higher taxes. In an aggressive push, first-year road tax rates for higher CO2 bands will double, which could inject an additional £400m into treasury coffers next year, and amount to £1.7bn by 2030, Birmingham Live has reported.
The budget briefing document acknowledged issues with the current system, particularly for zero-emission vehicles: “The government recognises the disproportionate impact of the current VED Expensive Car Supplement threshold for those purchasing zero-emission cars and will consider raising the threshold for zero-emission cars only at a future fiscal event, to make it easier to buy electric cars.”, reports Wales Online.
Here’s the full list of new cars producing over 255g/km of CO2:
– Alfa Romeo Stelvio 2.9 V6 Bi-Turbo.
– Audi R8 5.2 FSI V10.
– Audi RS6 4.0 TFSI V8.
– Audi RS7 4.0 TFSI V8.
– Audi RSQ8 4.0 TFSI V8.
– Audi S8 4.0 TFSI V8.
– Audi SQ7 4.0 TFSI V8.
– Audi SQ8 4.0 TFSI V8.
– Aston Martin DB12 4.0 V8.
– Aston Martin DBX 4.0 V8.
– Aston Martin Vantage 4.0 V8.
– Bentley Bentayga 4.0 V8.
– Bentley Continental 4.0 V8.
Bentley Continental 6.0 W12
Bentley Flying Spur 4.0 V8
BMW Alpina XB7 4.4 V8
BMW M8 4.4 V8
BMW X5 M 4.4 V8
BMW X6 M 4.4 V8
BMW X7 M 4.4 V8
Chevrolet Corvette Stingray 6.2 V8
Ferrari Purosangue 6.5 V12
Ferrari Roma 3.8T V8
Ford Mustang 5.0 V8
Ford Ranger 2.0 TD EcoBlue
Ford Ranger 3.0 EcoBlue
Ford Ranger 3.0 V6
INEOS Grenadier 3.0P
Jaguar F-Pace 5.0 P575 V8
Jeep Wrangler 2.0 GME
Lamborghini Huracan 5.2 V10
Lamborghini Urus 4.0 V8 BiTurbo
Lamborghini Revuelto 6.5 V12
Land Rover Defender 90 5.0 P425 V8
Land Rover Defender 110 5.0 P425 V8
Lotus Emira 3.5 V6, Maserati Levante 3.0 V6
Maserati Levante 3.8 V8, Maserati MC20 3.0 V6
McLaren GT 4.0T V8, Mercedes-Benz AMG GT 4.0 V8
Mercedes-Benz G400D, Mercedes-Benz G63
Mercedes-Benz GLC63
Mercedes-Benz GLE63
Mercedes-Benz GLS63h
Mercedes-Benz SL55
Porsche 718 Cayman 4.0 GT4
Porsche 911 3.7T 992 Turbo
Porsche Cayenne 4.0T V8
Porsche Macan 2.9T V6
Range Rover 4.4 P530 V8
Range Rover 4.4 P615 V8
Range Rover Sport 4.4P V8
Rolls-Royce Cullinan 6.75 V12
Rolls-Royce Ghost 6.75 V12
Toyota Hilux 2.8D
Toyota Land Cruiser 2.8D
Volkswagen Amarok 3.0 TDI
