New car buyers will soon see a sharp rise in the tax paid for new cars, with the charge on 59 models increasing to a staggering £5,490.
During the Autumn Statement, the Chancellor announced that Vehicle Excise Duty will be increasing from 1 April 2025 onwards.
As part of government's efforts to encourage drivers to go green, first-year road tax costs for petrol and diesel cars will be doubled from 1 April 2025.