To ask the Chancellor of the Exchequer, whether her Department plans to increase the minimum threshold at which the Expensive Car Supplement is levied on vehicle excise duty.
The Expensive Car Supplement is an additional VED charge for new cars with a list price of £40,000 or more, which is payable in year 2 – 6 of a car’s lifecycle. As set out at Autumn Budget 2024, the government recognises the disproportionate impact of the...
Motor Vehicles: Excise Duties