Van drivers as well as businesses buying a new low-emissions industrial vehicle in the future may deal with lower vehicle tax rates, the Treasury has said.
In his spring statement, Chancellor Philip Hammond stated the Treasury will introduce a consultation into reduced vehicle Excise duty (VED) rates for the “cleanest vans”.
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Hammond said: “This government is determined that our generation should leave the natural atmosphere in a much better specify than we discovered it, as well as enhance the air we breathe.
“Following our successful intervention to incentivise clean taxis, we will assist the excellent British white van driver go eco-friendly with a consultation into reduced VED rates into the cleanest vans.”
• VED road tax: whatever you requirement to understand about the UK cars and truck tax changes
The news comes just days before new diesel cars and trucks will be hit with higher taxes. new diesel cars and trucks that stop working to satisfy the latest Euro 6 emissions requirements under real-world testing will move up a tax band from 1 April 2018 onwards. revealed in the 2017 autumn budget, new diesel cars and trucks have to satisfy the genuine Driving Emissions limits for nitrogen oxide to stay within their present tax bands.
The Treasury previously stated the new taxes will effect two million new cars, however stated new diesel vans were exempt from the tax hikes in order to protect the white van driver.
Do you support the Government’s plans to lower VED for low-emissions vans? tell us in the comments below…