New Car Tax Scheme: £250 Annual Cost for Drivers

New pay-per-mile car tax scheme confirmed, set to impact drivers nationwide. Labour Party Chancellor Rachel Reeves introduces a three pence per mile charge, potentially adding £250 per year for average motorists and up to £300 for electric vehicle drivers. The scheme begins in April 2028, giving drivers time to adjust. Concerns include deterring weekend trips and negatively impacting small businesses. Financial experts advise budgeting for the new costs, while industry leaders caution against potential drops in electric vehicle demand. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.