New EV car tax loophole could save drivers 200 - London Business News | Londonlovesbusiness.com
Briefly

As Vehicle Excise Duty (VED) rules change starting April 2025, EV drivers can save £200 by renewing their car tax before the deadline of 1 April. Currently exempt from VED, electric car owners will soon face annual charges of £195. However, by re-taxing before the new regulations take effect, drivers can secure another year of tax-free driving. This option remains available regardless of the current tax period's expiry, making it a crucial financial opportunity for EV users to capitalize on before the deadline.
Electric vehicle owners can save nearly £200 by renewing their car tax before 1st April to benefit from an extra year of VED exemption.
Drivers renewing their car tax online before 1 April will secure tax-free motoring until March 2026, avoiding new fees coming in April 2025.
Read at London Business News | Londonlovesbusiness.com
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