The cost of driving continuing to increase and driving your car or any vehicle is becoming more and more expensive for petrol, car tax and insurance.
There is little good news for a car owner as the government promotes more fuel efficient greener cars that produce less C02. What will you have to pay? Find your car tax online rates here.
The UK Government has however, confirmed they would delay a planned 2 pence / litre increase in fuel duty - 2008 budget - postponed for 6 months? They also introduced more tax incentives to encourage people to buy greener, more efficient cars:
To further incentivise the use of cleaner cars, new tax rates will still be introduced:
From April 2009 the Vehicle Excise Duty (VED), will be overhauled to penalize those who drive inefficient cars. From April 2010, there will be a new "first year" tax rate for new cars, those emitting more than 160 g/km (C02 emissions) will be liable for increased payments. To put a new car emitting over 255g/km on the road it will cost £950.00, £455.00 of which will be the Vehicle Excise Duty (VED). Any car emitting under 130g/km of C02 (carbon dioxide) will be exempt tax for the first year.
'The road tax system is designed to support the use of greener, carbon-efficient cars to help reduce average carbon dioxide levels in new cars. If people choose to purchase a less greener / cleaner car they will pay more. The changes should provide an incentive to manufacturers and motorists.'
The UK Government issues the prices of car tax that is determined in payment bands that you will pay based on those carbon emission levels. The most environmentally friendly cars, such as electric and hybrid cars will be exempt from any road tax. With the ever-increasing costs, cutting down on your motoring expenses should be a high priority.
You can check out this Car tax calculator online to find out the amount you will have to pay and CO2 data on your car or other road vehicle.
Mike Kelley
http://www.cartaxprices.co.uk
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