The rates will increase by 1% for every 1cc of engine size above 1,000cc.
The increase in VED rates will have a significant impact on vehicles with larger engines. For example, a vehicle with a 1,500cc engine will see a 1% increase in VED rates for the 500cc above 1,000cc.
The Impact of the VED Increase on Small Engine Cars
The Vehicle Excise Duty (VED) increase is set to affect all cars with engines below 1549cc, with owners facing a £10 rise in their annual charges. This change will impact a significant portion of the UK’s car population, with many drivers unaware of the impending increase.
The Impact on Small Engine Cars
The £10 rise in VED rates will affect cars with engines below 1.0 litre, with owners currently paying £140 per year.
The VED fee is calculated using the car’s CO2 emissions per kilogram, which is then multiplied by the number of years the car has been on the road.
Some of the dirtiest petrol and diesel cars on the road face bills as high as £760 in 2025.
Further details on this topic will be provided shortly.
Further details on this topic will be provided shortly.