Pay-per-mile road tax could benefit classic owners
With the sale of new petrol and diesel cars due to end by 2030, the government are having to consider alternative road tax policies. At present, road, tax is calculated on fuel type and emissions. A pay-per-mile road tax system is being considered to replace the current system. Why Does the road tax system need to change? Road tax or Vehicle Excise Duty (VED) is paid to the government by vehicle owners. This tax helps to cover the cost of safety measures and repairs to the road. Presently, electric vehicles are exempt from paying road tax as an incentive to