Great britain raises tax on diesel passenger cars

Great britain raises tax on diesel passenger cars

The british chancellor of the exchequer, philip hammond, yesterday announced a higher excise duty on new diesel vehicles and a tax increase for owners of diesel vehicles. The government expects the tax change to generate additional revenue totaling around 550 million pounds.

The latter applies to new cars registered from 1. April 2018. For them, up to 500 british pounds (today, one pound costs 1.1235 euros) are payable in addition in the first year of ownership. The tax is based on the level of co2 emissions, which is divided into eight classes in the uk.

The tax will apply to all new diesel cars that do not yet have a fuel consumption certificate as required by the eu under wltp by december 31. December 2018 at the latest. Since 1. September 2017, the wltp driving cycle has been mandatory for all new type approvals. However, such homologation may also be necessary for vehicles already on sale, for example if changes are made to engines or transmissions.

The owners of 12 million existing diesel cars will not be affected by the changes. However, the tax on diesel company cars will be raised from three to four percent from april next year, generating £295 million for the treasury over five years. 220 million pounds will support a clean air fund to combat pollution.

Cars between 76 and 90 g. So a peugeot 208 should add 20 pounds to the tax bill in the first year of ownership. More expensive cars such as a land rover discovery in the range 171 to 190 g. 1700 pounds, respectively 400 and 500 pounds more.

Due to customers’ fear of higher pollution, sales of diesel vehicles in europe’s second-largest automotive market have already fallen by 15 percent this year, while demand for gasoline-powered cars has risen by three percent. This is what the industry newspaper automotive news.

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