business / news / / The Mirror
From April 1, 2026 dozens of vehicles will face a bill of £5,690 for their Vehicle Excise Licence after rates were increased by Chancellor Rachel Reeves.
From April 1, 2026, 59 models from 24 manufacturers face a £5,690 first-year VED charge.
KEY POINTS
- The Expensive Car Supplement threshold for electric vehicles rises from £40,000 to £50,000.
- A new mileage levy for electric vehicles starts April 2028, charging 3p per mile driven.
- Electric vehicles under £50,000 will no longer pay the Expensive Car Supplement from April 2026.
- The luxury car tax threshold remains £40,000 for petrol and diesel cars but increases for EVs.
COMPANIES
Summarized by Newsio from The Mirror. How we summarize →