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Tax changes in 2022 will affect owners of petrol and diesel cars the most

The TAX changes this year will affect petrol and diesel car owners the most.

Here’s a look at how the road tax is set up to rise with inflation – and how much you’ll pay…

Diesel and gasoline engine drivers will be hit hard

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Diesel and gasoline engine drivers will be hit hardCredit: Alamy

The vehicle tax, or VED, is also known as the vehicle tax, car tax, or road tax.

Most vehicles used – or parked – on public roads in the UK will be subject to VED.

It’s collected and enforced by the DVLA, and if you’re not using your vehicle, you must do SORN, or Statutory Shortcut Notice, to get it on the road.

The amount you pay will depend on how old your car is and how eco-friendly it is.

Only owners of fully-fledged cars that produce zero grams of CO2 emissions and sell for less than £40,000 are exempt.

If you have a disability, you may also be exempt from the car tax.

You can know exactly how much you will have to pay by using gov.uk vehicle tax calculator.

Tax costs vary depending on the make, model, year, and value of your vehicle.

The amount you pay may change each year as your car gets older or if you get a brand new car.

Costs range from £25 to £2,245.

If you get caught drive your car without taxes, you will face a £80 fine on the spot.

However, this can be halved if paid within 28 days.

If you don’t pay the fine, it could increase to £1,000 and the case could end up in court.

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https://www.thesun.ie/motors/8147788/tax-changes-impact-petrol-diesel-car-owners/ Tax changes in 2022 will affect owners of petrol and diesel cars the most

Fry Electronics Team

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