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Evening Standard
Evening Standard
National
Nuray Bulbul

What is the 'luxury car tax' and is your vehicle affected?

Luxury
Electric vehicle owners will be liable for this extra cost - (PA Archive)

Electric car owners will have to pay thousands in luxury vehicle taxes starting next year.

The news comes after October’s Budget, where it was announced there will be an increase to first-year tax rates for petrol, diesel and hybrid vehicles in order to push consumers towards electric vehicles (EVs).

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