VED becomes a road tax

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  • davmaggs
    davmaggs Posts: 1,008
    [url=http://www.bikeradar.com/forums/viewtopic.php?p=19647497#p19647497]Agent57[/url] wrote:
    However after the first year everyone except zero emissions pays £140 per year.

    Unless your car cost more than £40,000 in the first place in which case it's £310 per year for the first five years and £140 thereafter.

    Got it? Good :D

    It says cars over £40k "pay a supplement of £310 per year on top of the standard rate" for the first five years. So that might mean, say £2310 in the first year (assuming the highest emissions rate), then £500 for years 2-5, then £140. Doesn't it?

    My reading is that the first year you pay on emissions, so in your example that is £2,000 for an expensive and polluting car. Then year 2-5 you'd pay £450 per year. Year 6 onwards returns to the £140.

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