This year, car owners will be hit by major tax changes that will result in drivers spending more to drive.
Road tax is expected to rise with inflation this year, while other cost increases take place at the same time.
Increases will apply from April, but the ministers have yet to announce the new rates, reports Der Spiegel.
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As before, the amount of taxes you pay will likely depend on your new car’s CO2 emissions.
The more CO2 a car emits per kilometer, the more you’ll likely pay next year.
Those who emit zero grams of CO2 per kilometer are expected to continue to pay zero, while gasoline and most diesel drivers (including hybrids) who emit between 1 g and 50 g per kilometer will pay £ 10 for the first 12 months.
Cars that emit between 51g and 5g per kilometer currently pay £ 25 for the first year.
For cars emitting between 76g and 150g CO2 per kilometer, their VED rates rose by £ 5 to £ 220 this year.
Cars that emit more than 255 g of CO2 per kilometer are usually hardest hit. These currently bring you back £ 2,245 a year in taxes – this then increases every April.
You can find out how much you are currently paying here.
The standard rate – the amount you pay after the second year – for cars registered on or after April 1, 2017 is currently £ 155 per year for all non-emission vehicles.
The 2021 budget confirmed another freeze on fuel tax – the tax you pay per liter of gasoline and diesel.
Instead, the fuel tax will remain at the same level – 57.95 pence per liter – as it has been over the past decade.
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