🚗🚨 Attention drivers over 70! Major car tax changes are rolling in for 2026, with significant hikes affecting all drivers, regardless of age. Here’s the lowdown on what you need to know about these new Vehicle Excise Duty (VED) charges hitting pensioners’ pockets:
– **Petrol & Diesel Cars**: For vehicles registered after 2017, the VED charges have risen from £195 to £200 annually. And if you’re buying a brand-new car with a combustion engine? Get ready for some hefty first-year fees, with some reaching up to £5,690! 🛢️
– **2001-2017 Cars**: Your charges will be based on emissions, with the most polluting vehicles (over 255g/km of CO2) now costing up to £790 per year just to hit the roads.
– **Cars Pre-2001**: Even the classics aren’t spared, as they’re now paying an extra £15.
– **Electric Vehicles (EVs)**: Green isn’t entirely in the clear either, with EVs now under the standard £200 charge. The Expensive Car Supplement threshold has climbed to £50,000, meaning pricier EVs will face an additional £440, rather than the former £425. ⚡
Not everything’s changed, though. Classic car enthusiasts can breathe a sigh of relief—vehicles over 40 years old are still exempt from VED charges.
These updates arrived just a year after tax rates took a giant leap, and they promise to keep getting steeper. So, whether you’re pondering a petrol, planning on diesel, or considering electric, keep your eyes on those VED changes. 🏎️💨
Do you think these changes are fair, or are they hitting the wrong gear? Share your thoughts below! 👇