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Posted (edited)

As the car is a post 2017 model it falls into the tax plus “luxury tax” regime I’m paying my final year this year of the “over £40k additional luxury tax”. Looking back at my statements there has been a pretty big increase over the past 5 years (our F45 is till at £30!)

2018 - £450

2019 - £465

2020 - £475

2021 - £490

2022 - £520 

But next year it’ll be down to £165 (or to whatever the chancellor increases it to). I’ve paid my due for having the privilege of an expensive car at first registration 😁.

 

Edited by Matthew
  • 3 weeks later...
Posted

Pity they haven't increased the £40k threshold in line with the increase in annual charges; sticking at £40k means some pretty mediocre models (but luxury brands such as Audi or BMW) now fall into this blatant anti-motorist, anti-rich b'stard trap! 

  • Like 2

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