Drivers have been warned by the DVLA that they need to pay their auto tax by April or face a price hike. Britons already face a tough few months ahead as the cost of living crisis soars
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Drivers are being warned they need to pay car tax quickly before the new system.
The Driver and Vehicle Licensing Authority (DVLA) is urging driver to take note of the change and make sure they don’t commit the changes, which could end up costing people more than they should.
Very difficult times for Britons at the moment because The cost of living is tight remains the same and there is concern that raising the car tax will mean Britons are paying more than they should.
Taxing a vehicle is easy and can be done online through the DVLA website.
They say: “Vehicles without tax are difficult to evade, easy to dodge. Remember to always tax the car on time”.
So what is a tax and how is the system changing?
What is the car tax change?
Vehicle tax regime (VED) will change and this will be announced in the spring of Rishi Sunak Budget on March 23.
The changes to the VED would be in line with a rise in inflation and a policy document released by HM Revenue and Customs (HMRC) said the increase would be a “standard increase” in line with the Index. retail price.
Heycar said: “The Prime Minister will announce a new road tax rate as part of the Spring budget.
“Some of these will be large and affect the cars produced that year, others will be a smaller adjustment designed to bring about an older tax system that is more in line with inflation.” broadcast.”
When should I pay auto tax?
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Motorists should pay their auto tax now to avoid an auto tax increase that is set to take effect in April this year.
When the auto tax is due, people have to pay it right from the beginning of the month.
If a person waits for a change, they will pay more than they necessarily pay.
The government explains: “If you change the tax rate on March 25, you will have to pay the increased tax rate from March 1.”
With taxes set to rise due to a spike in inflation affecting the UK for now, Britons will save by taxing their cars now rather than after April.
VED is measured using the age of the vehicle and the amount of CO2 it produces.
Autotrader explains: “Cars that generate more than 255g of CO2 emissions per kilometer traveled will see their first-year prices rise from £2,245 to £2,365.”
https://www.mirror.co.uk/money/dvla-warns-drivers-should-pay-26347181 DVLA warns motorists that they should pay auto taxes by April when the new system comes out