In the 2024 Autumn Budget, the Chancellor of the Exchequer outlined several tax changes that would impact the automotive sector. This announcement included changes to the Vehicle Excise Duty (VED) which will be effective from April 2025.
The BVRLA has published a new factsheet to support members in understanding the changes and how they may manage the impact operationally.
Members are advised to review the factsheet to understand changes from 1 April and how to manage them. The factsheet is to provide general guidance and information only and does not constitute tax or legal advice. Members should seek independent professional guidance to assess their specific circumstances.
Download the VED Road Tax factsheet.