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Millions of drivers across UK to be hit by price hikes of up to 600 in DAYS – check if you’ll be exempt [Video]

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Oil and Gas Industry News

MILLIONS of people across the UK are set to be hit with a huge price hike over their motors in just days.

Starting from Monday, April 1, the rates of Vehicle Excise Duty (VED) – commonly called road tax – is set to rise.

Drivers in the UK are set to be hit with price hikes on road tax on April 1Credit: Alamy

The DVLA confirmed that payments for most diesel, petrol or hybrid drivers may increase by the RPI rate of inflation – likely around 6 per cent.

But certain cars will be hit much harder than others with luxury motors being at the top of the list – and some could pay up to £600 a year.

Tax expert Andy Wood, of Tax Natives, provided a further breakdown of what these extra costs could look like.

He said: “The impending rise in VED rates will substantially impact drivers of petrol, diesel, and hybrid vehicles …

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