July 21, 2010

ROAD TAX CONFUSION

Road tax used to be a standard charge based on the size of your car’s engine however, now it’s a little more complicated.

Tax rates can range from £940 to nothing at all. The rates are calculated by assessing the car’s CO2 emission level. The lower the car’s emission levels the cheaper the road tax. You can normally find the car’s CO2 emission details in the logbook or registration certificate (V5C).

The tax will also now depend on how old the vehicle is. Vehicles registered after March 2001 will be taxed differently to those registered before.

Vehicles registered before March 2001 will continue to be taxed based on the engine size with those over 1549cc paying more than those will a smaller engine.

You can visit the DSA (Driving Standards Agency) website for a full breakdown of costs.

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