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VED road tax rate

2 replies

bodgerthebadger · 19/02/2023 07:51

Sorry if this is a stupid question but I'm not sure of the answer despite reading up on it. I understand that cars with a list price of £40k are subject to an extra annual supplement for 5 years of £355. If you buy a secondhand car well priced below £40k but the original list price when it was new was over £40k, does the annual supplement still apply? Again, sorry if this is a daft question but it isn't clear to me when reading the guidance!

OP posts:
HaveYouSeenNancy · 19/02/2023 07:53

Yes, unfortunately the annual supplement still applies until the vehicle is 5 years old, regardless of what it's bought and sold for within the five years.

bodgerthebadger · 19/02/2023 09:37

@HaveYouSeenNancy thank you for clarifying. Much appreciated.

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