Syphon's 2024/25 CUPRA Leon 2.0 TSI 300PS VZ3 Taiga Grey
- Thread starter Syphon
- Start date
Thanks! keep us posted if you get one!
Please could you take a look at your signiture image, it's huge
Scott
Hope this is better....Thanks! keep us posted if you get one!
Please could you take a look at your signiture image, it's huge
Scott
Pleasure of owning a car of more than £40,000 to buy. You got fiscal drag . These are complaints that the luxury car tax hasn't been increased in value against inflation. Perhaps another reason why people are keeping their cars longer. 12 years I read somewhere recently.
www.gov.uk
. These are complaints that the luxury car tax hasn't been increased in value against inflation. Perhaps another reason why people are keeping their cars longer. 12 years I read somewhere recently.
Vehicle tax rates
Tables showing the rates for vehicle tax for different types of vehicle.
Luxury cars use to come under just that , porsche, bently, high end Mercedes lol , now a Cupra Leon vz3 is classed as Luxury when they know almost every car is over 40k now if you add a radio that sounds good lol , but what can you do apart from taking a deep breath and waiting for there next fist....Pleasure of owning a car of more than £40,000 to buy. You got fiscal drag
Vehicle tax rates
Tables showing the rates for vehicle tax for different types of vehicle.
well EV Drivers are being looked at
www.bbc.co.uk
A government spokesperson told the BBC: "Fuel duty covers petrol and diesel, but there's no equivalent for electric vehicles. We want a fairer system for all drivers."
EV drivers could face new pay per mile tax in Budget
The BBC understands there have been "conversations" within government about the possibility of a new levy on EVs.
www.bbc.co.uk
A government spokesperson told the BBC: "Fuel duty covers petrol and diesel, but there's no equivalent for electric vehicles. We want a fairer system for all drivers."
Its the Tony Blair Institute or whatever it calls itself that wants to rock the apple cart for EV and plug in hybrid drivers. Pump priming with no extra tax on EV / plug in hybrids aa of the minute till this...
I cant see how they will do it unless they insist on meters in cars.You could always collect the kwhr charging figures off meters except those with Granny cables. Tax free.
An Honesty box system seems to be proposed . Best of luck with that.
I cant see how they will do it unless they insist on meters in cars.You could always collect the kwhr charging figures off meters except those with Granny cables. Tax free.
An Honesty box system seems to be proposed
. Best of luck with that.
I can’t believe you’ve had the car for 12 months let alone the cost of the road tax! That is painful but reduces yearly?
So it’s six years of additional tax which then reduces to the standard?Perhaps that's why people are keeping their cars much longer now to get the saving after six years.... possibly not working to get growth into the economy.
Yes I will be one of those as even my Leon VZ2 is now a "Luxury car".Pleasure of owning a car of more than £40,000 to buy. You got fiscal drag
Vehicle tax rates
Tables showing the rates for vehicle tax for different types of vehicle.
The first year’s VED is emissions-based and is effectively ‘hidden’ in the overall price of the car (I’ve seen it referred to as the ‘showroom tax’ before). On the anniversary of the car’s first registration It’s then the standard VED rate plus the supplementary rate* that applies for the next five years. After that, VED reduces to the standard rate each year.
* supplementary VED rate applies to cars with a list price of £40k or more at date of first registration.
Don’t forget that the VED rates usually increase each year - 2025 rates represent a £5 increase on the 2024 rates for each of the two VED bands. So assuming both standard and supplementary VED bands each increase by £5 per year, the VED bill on @Syphon ‘s car - and anyone else who has the ‘pleasure’ of paying the higher rate of VED - for the next five years will be;
- 2025/26; £195 + £425 = £620
- 2026/27; £200 + £430 = £630
- 2027/28; £205 + £435 = £640
- 2028/29; £210 + £440 = £650
- 2029/30; £220 + £450 = £670
The supplementary VED used to be referred to as a ‘luxury tax’ on HM Gov website, although any reference to ‘luxury’ on the website disappeared some time ago, so maybe that was an acknowledgment by the government that £40k doesn’t buy you a luxury car these days
.Don’t be surprised to see VED rates increase by more than £5 for each band in future; if EV sales pick up, there’ll be less revenue for the government from VAT on petrol / diesel sales so they might increase VED rates further as a way of helping to making up for VAT revenue shortfall.
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