Some drivers are set to be hit with staggering £360 automobile tax payments in 2026 after modifications launched this month by Rachel Reeves.
Rachel Reeves launched new automobile tax charges from April (Picture: Getty)
Sure motorists are set to pay £360 per 12 months to make use of the roads underneath new automobile tax charges launched by Rachel Reeves. New Automobile Excise Obligation (VED) bands have been launched by the Chancellor earlier this month, with virtually all car house owners set to pay extra.
New tax band charges have an effect on virtually all petrol, diesel and electrical automobile house owners, with completely different charges affecting varied fashions. One set of highway customers affected by new charges is van house owners, with these highway customers dealing with payments of as much as £360 per 12 months.
Van house owners are set to pay as much as £360 to make use of the roads (Picture: Getty)
In response to HM Income and Customs (HMRC) information launched late final 12 months, early Euro 4 and Euro 5 compliant vans registered after March 2001 can pay £140 per 12 months to make use of the roads. This is similar cost as final 12 months and the 12 months earlier than, with no will increase coming into impact.
Nevertheless, all different vans can pay barely extra, with charges rising from £345 to £360 from the 2026/27 tax 12 months. This can be a larger improve than van house owners skilled final 12 months when payments went up from £335 to £345 each year.
It’s not the one cost, with vehicles registered after 2017 paying £200 per 12 months to make use of the roads and house owners of brand name new vehicles paying as much as £5,690 per 12 months. These with the keys to older vehicles registered between 2001 and 2017 are positioned into certainly one of 143 tax bands, with charges as excessive as £790 each year.
This 12 months’s VED rises are an inflationary improve, with highway tax growing each spring consistent with Retail Worth Index (RPI) inflation.
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HMRC confirmed VED rises have been to return into impact from April shortly after Rachel Reeves’ Autumn Finances final November.
HMRC stated: “As introduced at Finances 2025, the Authorities will introduce laws in Finance Invoice 2025-26 to uprate Automobile Excise Obligation charges for vehicles, vans and bikes consistent with the Retail Worth Index (RPI) for 2026 to 2027. This can take impact from April 1, 2026.”
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