Car tax robbery by government

The one that baffles me a bit is that my petrol SEAT Leon was £20 a year for the entire time I had it, whereas my new R5 EV will be £195 from next year. I realise it's not emissions-related now but given they're trying to encourage EV adoption again through incentives, perhaps whacking an expensive tax on them isn't the best idea.
 
The one that baffles me a bit is that my petrol SEAT Leon was £20 a year for the entire time I had it, whereas my new R5 EV will be £195 from next year. I realise it's not emissions-related now but given they're trying to encourage EV adoption again through incentives, perhaps whacking an expensive tax on them isn't the best idea.

Quite - if nothing else they need to seriously rethink the "luxury" car premium and the fact it's now applied to EVs
 
Quite - if nothing else they need to seriously rethink the "luxury" car premium and the fact it's now applied to EVs

That sort of nonsense is why there is so much more demand for sub 10k used cars now.

More people want old cars, not new cars, which makes the eco policies a bit redundant. The average age just gets older and older until we end up like Cuba. Everyone doing bangermonics forever :D
 
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If that were the case 10 year old cars would hold a higher value than newer equivalent cars that attract a higher tax rate, that clearly isn’t the case.

Older cars are worth more than they historically would be because we went through this thing called COVID and new car production fell off a cliff for a few years. People still need cars so older cars are worth more because of a lack of supply of new cars during that period of time which will never be supplied to the market. It will take another 10-12 years before the Covid impact is fully worked through the market.

Standard rate VED is such a small component of running a car, it’s basically irrelevant. It only really becomes material is the supplement applies.
 
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The one that baffles me a bit is that my petrol SEAT Leon was £20 a year for the entire time I had it, whereas my new R5 EV will be £195 from next year. I realise it's not emissions-related now but given they're trying to encourage EV adoption again through incentives, perhaps whacking an expensive tax on them isn't the best idea.
But your worried about a £200 VED charge on a car that will loose 20X that (or more) in a year in depreciation. It’s really not at all material.
 
Standard rate VED is such a small component of running a car, it’s basically irrelevant. It only really becomes material is the supplement applies.

You could say the same about almost any individual cost of running a car.

Fuel is such a small cost that it's basically irrelevant.
Tyres are such a small cost that it's basically irrelevant.
Servicing is such a small cost that it's basically irrelevant.
Insurance (for some people) is such a small cost that it's basically irrelevant.

All of those small "irrelevant" costs add up to a very relevant big cost however.

What's that saying? "Look after the pennies and the pounds look after themselves"
 
If that were the case 10 year old cars would hold a higher value than newer equivalent cars that attract a higher tax rate, that clearly isn’t the case.

Older cars are worth more than they historically would be because we went through this thing called COVID and new car production fell off a cliff for a few years. People still need cars so older cars are worth more because of a lack of supply of new cars during that period of time which will never be supplied to the market. It will take another 10-12 years before the Covid impact is fully worked through the market.

Standard rate VED is such a small component of running a car, it’s basically irrelevant. It only really becomes material is the supplement applies.

EVs are dropping 60% in the first few years. A lot of people don't want to **** money away like that when they don't have to. Some old cars are clawing value back, even ones which were very cheap when new are being sold at half their value after 10+ years. Especially the ones with £20-35 tax and high mpg.

I've run 2 older cars for 5 years for less than what I'd lose in a single year on a new car.
 
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Shock horror in breaking news, old cars have a lower total cost of ownership than new cars.

Wow, I’d have never have thought that for a moment. I’m utterly flabbergasted.

Or not because that’s been the case for as long as any of us have been alive.
 
Welcome to wonders of VED tax ! :)

EV drivers have zero emissions, yet pay £195 VED a year, and people running older dirty diesels are paying just £20 a year :eek:.
The EV VED tax was back dated to include for all EV's, yet this doesn't happen for previously registered petrol & diesel cars, they continue paying what they always have !

As an EV driver I'm completely happy contributing to the wider good of the system, but make it consistent. Older dirty diesels should be priced off the road, but that doesn't happen because the people with them are 'too poor' to replace them. My view - tough, walk or ride a bike then !

It's either about improving the environment or it isn't.
 
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You're complaining about £200, I'm paying £640. :p They should raise the 40k bs limit to 80k, seeing how expensive modern cars have become...
 
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You're complaining about £200, I'm paying £640. :p They should raise the 40k bs limit to 80k, seeing how expensive modern cars have become...
Agreed, there's nothing "luxury" about a lot of the cars with a £40k list price anymore
 
And where is all this revenue going? Because the roads around here are ******, and the worst they been for decades.

It goes to the government, who spend close on £1Tn a year on defence, health etc.

Maybe a relevant question would be to ask why we’re spending £120Bn per year on interest on our national debt.

One idea that springs to mind is the loss of revenue by rich people offshoring their wealth to avoid paying taxes. Last estimate I saw was that it costs over £40Bn/year.
Want an example, lookup Richard Tice of the Reform party, who’s business is owned by a shell company in a tax haven and who’s girlfriend has moved to Dubai
 
Agreed, there's nothing "luxury" about a lot of the cars with a £40k list price anymore

Yeah, for example mid-trim level Nissans aren't far off 40K list price these days... one of the reasons IMO they are in trouble as people don't consider them "luxury" cars.

and the worst they been for decades.

One of the things which isn't helping - no one wants to spend the money to do a proper job any more, so roads end up patched up with work which won't last 2 years and probably costs more than twice as much to the tax payer in the long run compared to doing a proper job in the first place.
 
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It goes to the government, who spend close on £1Tn a year on defence, health etc.

Maybe a relevant question would be to ask why we’re spending £120Bn per year on interest on our national debt.

One idea that springs to mind is the loss of revenue by rich people offshoring their wealth to avoid paying taxes. Last estimate I saw was that it costs over £40Bn/year.
Want an example, lookup Richard Tice of the Reform party, who’s business is owned by a shell company in a tax haven and who’s girlfriend has moved to Dubai

Oh yea I know all about it. It's disgraceful.

The scary thing is it isn't even the really big boys that are doing it, people are getting savvy and even your middle of the road wealthy people are starting to do it.

Believe how many portfolio landlords I see with hundreds of properties "struggling" by on £7k p/a income lol.
 
So very obvious question I would love any politician with a brain to answer. How can my daughter only pay £30 a year for road tax and I NOW have to pay £200 (thanks to the down right robbery of government) when we both have same size of engines i.e. 1ltr engines. To make it worse her car is old and my car is new .. therefore my omissions are much less. There is NO justification for this other than a blatant money making scheme. Shocking people are accepting this
So anyone with a brain would have realised this has been going on since the cons changed the rules.
I think it was around 2017?
 
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I disagree with that assessment, based on the fact that many people who bought a car on the basis of £0 per year road tax now have to pay almost £200.
I'm not making an assessment on everybody, just the OP. They act as if it would be fairer to jack their daughter's up to £200, and I don't get that.

If anything, to my mind, it's fairer that hers stays at £30 than for them to be paying the same.

Sure, someone could argue that it would be nice if OP was paying £30 as well, but that's just fantasy land.
 
Oh yea I know all about it. It's disgraceful.

The scary thing is it isn't even the really big boys that are doing it, people are getting savvy and even your middle of the road wealthy people are starting to do it.

Believe how many portfolio landlords I see with hundreds of properties "struggling" by on £7k p/a income lol.

It happens with crypto as well now. Normally you'd have to pay loads of capitol gains tax when you convert it back and withdraw it. So the ones who made lots go and live abroad for 6 months (minimum you need to) and cash it out somewhere they won't have to pay taxes on it. Then bring it back to the UK when they move back.

The loopholes exist on purpose, so the ones who have the means (the ones running the place) can use it themselves. They will close the ones us plebs use, but not the big holes you need large sums to use.
 
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