đź•’ Article read time: 2 minutes
Vehicle Excise Duty changes from 1 April 2025 announced
It was announced in the 2022 Autumn Statement (17 November 2022), that HM Treasury planned to introduce vehicle excise duty (VED) for electric vehicles, including cars, vans and motorcycles, from April 2025.
On 14 August 2024 the government updated its guidance about changes to the VED rates, so that from 1 April 2025, drivers of electric and low emission cars, vans and motorcycles will need to pay vehicle tax in the same way as drivers of petrol and diesel vehicles.
This change will apply to both new and existing vehicles. Currently electric vehicles are exempt from VED if the electricity comes from:
• An external source, such as a private or public chargepoint.
• An electric storage battery not connected to any source of power when the vehicle is moving.
• Hydrogen fuel cells. Most electric vans will move to the standard annual rate for light goods vehicles, which this year is set at £335 per annum (if paid in a single payment).
More information about van VED rates is available at the government's vehicle tax rates information page.
Information about the VED rates to be paid next year by electric and low emission cars, hybrid and alternatively fuelled vehicles (AFVs), expensive car supplements and electric motorcycles is available at the government's vehicle tax for electric and low emission vehicles information page.
Published On: 29/08/2024 12:48:26
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News In Brief
SEA Transport extends geographical footprint
Felixstowe-based warehousing and container transport provider SEA Transport has opened a nine-acre facility in Rushden, Northamptonshire in the “Golden Triangle of Logistics”, so named as it is in the heart of England, a geographical area that encompasses the Midlands, a prime location for distribution and warehousing in the UK.
The new site was chosen as the ideal location to offer container transport from all UK major ports and provides empty and loaded container storage, heavy lifting capacity, container conversions, on-site vehicle workshop and a 24 hour flexible operation with fully manned security.
SEA Transport has its headquarters at Felixstowe Port and was launched in 2000. It specialises in delivery, warehousing and distribution to home, trade and retail premises, as well as offering e-commerce pick and pack and drop shipping to customers in the UK and beyond. It also has a 72,000sq ft bonded warehouse at Felixstowe Port.
The company has operating licences for 76 trucks and 77 trailers and runs a fleet that ranges from small vans to 44 tonners out of its depots at Felixstowe, Wellingborough and Abingdon.
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