THIS is a letter written by Business Vans reader Tony Hull to his local MP Jesse Norman (pictured left), who is also Minister of State for Transport. It concerns Vehicle Excise Duty for vans and the apparent inequalities of van VED for Euro 6 vans ------------ Dear Mr Norman, I am a van owner/driver and am writing about, inter alia, [...]
THE cost of your annual road tax for your van is likely to rise in April 2019. Chancellor Hammond announced in his Budget on Monday (October 29, 2018) that Vehicle Excise Duty (VED) would increase for vans by the Retail Prices Index with effect from April 01, 2019. However, the strange anomaly in the VED for vans is receiving scrutiny. Currently [...]
The Government is to encourage electric and cleaner van take up with tax incentives, aiming for a 40% penetration of light commercial vehicles to be Ultra Low Emission Vehicles by 2030
Additional reporting Glynn Williams COMMONLY known as road tax, but in actual fact its correct term is Vehicle Excise Duty. Or VED for short. These are the latest Vehicle Excise Duty rates for vans and pick-up trucks applying from April 01, 2018. Unlike cars, for which VED has been based on CO2 emissions since 2001, there is a more straightforward standard flat [...]
THE Government has opened consultation on the Vehicle Excise Duty (VED) rates for vans. Its aim is to bring van VED into line with passenger car VED by introducing a first year rate based on CO2 emissions. Thereafter there would be a flat rate. This will be in line with the standard rate under the existing van VED system. The [...]
A NEW way of incentivizing cleaner vans is being considered by the Chancellor. It follows the Spring Statement. The current rate of Vehicle Excise Duty (VED) – or road tax to you and me – is £240 a year for all Euro 6 vans. However, all zero emission vans are zero rated for Vehicle Excise Duty (as long as they [...]
Not for much longer - though Vehicle Excise Duty remains, the tax disc will be phased out in October this year THERE were changes broadly in line with the RPI to VED rates for vans in the 2014 budget. Unlike cars, VED rates for vans are not dependent on CO2 emissions. The rates for 2014/15 are as follows: [...]
