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2017 Car Tax Regulations explained

2017 Car Tax Regulations explained

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In just over twelve months’ time the governments reformed Vehicle Excise Duty (Car tax to you and me) plans will come into place. These price increases may have an effect on when you want to buy your next vehicle. With 2016 plates nigh, it might be time for you to cash in and buy or lease a new car instead of putting it off until 2017 and being left with a higher tax bill.

We’re here to bring you up to date with the latest government reforms so have all the facts in front of you to ensure you make the best decision for your situation.

The announcement was made in the 2015 budget and is due to be implemented from April 2017 and will be enforced on any car purchased after that date. A year on from paper tax discs no longer being enforced we still await the introduction of the governments car tax clamp down.

The current VED laws have basically been ‘outdated’ by manufacturers who have seized on the opportunity for cheaper tax for their buyers by slashing CO2 figures. Having realised manufacturers are burning a hole in the exchequers pocket, the government have stepped in with a new set of guidelines to ensure they no longer have to front the bill.

As things currently stand new cars have to emit between 121-130g/km (Band D) before any annual road tax is charged. From 2017 this will no longer be the case and cars registered after April 1st of next year will accrue an initial tax-charge for the first year which will be determined by a fully reassessed tax structure.

Upon paying this initial one year fee, when approaching the second year, car owners will then be split out into two sections: those that have a zero-emissions car who will not be charged VED and £140 for every other car. The government will then add an extra charge of £310 for every car costing surplus of £40,000 for the first five years of ownership.

The cars that will be hit hardest by the new implementation will be those new-popular eco-friendly cars which have ‘bypassed’ the current VED system. Those cars that have been exempt from tax previously will now cost the owner £1,380 over a ten year lifespan. The way to avoid this charge is by buying your car before 1st April 2017!

Car Finance Options Explained…

Car Finance Options Explained…

Posted on: 21st Jun 2018

Finding the right car that’s suitable for you is an exciting experience but deciding how to pay for your new car can be a challenge as there are various options to choose from, some of which not everyone fully understands. Below we will explain the most popular forms of payment options, to help you decide which one is right for you.

MOT Changes 2018

MOT Changes 2018

Posted on: 19th May 2018

As of 20th May 2018, the MOT test has undergone some of the most significant changes of its near 60-year history. Some of the changes include new defect categories, stricter rules for Diesel car emissions and some cars over 40-year-old will be exempt from the MOT test. The main changes which you need to know about are explained below.

Richard Hardie Durham Supporting Local Hospice

Richard Hardie Durham Supporting Local Hospice

Posted on: 19th Jan 2018

Both the Sales and Service team at Richard Hardie Durham have helped to support St Cuthbert’s Hospice, a local charity offering care services to people with life limiting conditions.

Driving Test Changes In December 2017

Driving Test Changes In December 2017

Posted on: 4th Dec 2017

The Driver and Vehicle Standards Agency (DVSA) have confirmed that from today (Monday 4th December), changes to the driving test are now in effect.