New Car Tax Prices 2024

New Car Tax Prices 2024. Who is likely to be affected. Motorists will be slapped with heavy car tax increases across the board within months due to the introduction of new ved rates for 2024/25.


New Car Tax Prices 2024

For most car owners it will mean paying more for your car tax come renewal time. Hybrid cars get a small discount (£10) but if your vehicle had a list price which exceeded £40,000 when it was first sold then you may also be liable for the ‘premium car tax’ fee, which adds £410 to the vehicle’s annual ved costs.

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Who is likely to be affected.

June 12, 2024 Updated 6:43 P.m.

Petrol and diesel drivers will be forced to pay higher car tax fees in 2024 with vehicle excise duty (ved) rates set to rise from.

Expected Price Hike For Local Hevs After New Tax Slab;

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Currently, Taxes Are Calculated Based On Engine Capacity For Vehicles Up To 2000Cc.

The standard rate for newer cars, registered after april 1st 2017 increases by £10.

“Secret Attack” On Locally Assembled Hybrid Cars;

Expected price hike for local hevs after new tax slab;

Karachi, December 31, 2023 — The Federal Board Of Revenue (Fbr) Has Announced The Tax Rates Applicable To New Car Purchases For The Tax Year 2024, With Significant Disparities Between Individuals Listed On The Active Taxpayers List (Atl) And Those Not On The List.