UK introduces tougher taxes for petrol and diesel buyers in EV push

Tough new car tax revisions – which could see the duty on some models increase by up to £1285 (AU$2580) – have come into place for petrol and diesel new-car buyers in the UK. As reported by AutoTrader and The Times, the revisions affect the Vehicle Excise Duty (for personal cars) and Benefit in Kind (for corporate vehicles) taxes that are paid at purchase of a new car. These amounts are based on the vehicle’s projected emissions in the first 12 months of ownership.