Tha Lifestyle Dec,2013 | Page 33

TAMIL lifestyle | MOTOR Car Tax Bands What You Need to Know O ne of the key factor car buyers are concerned with is car tax or road tax. Buyers have to pay the tax every year, but it is easy to work out how much a new car is likely to cost you in tax over the years. The car tax bands are based on the carbon dioxide (CO2) emissions that your car puts out over one kilometre called ‘CO2 emission rate’. Road Tax ( officially called Vehicle Excise Duty (VED)) , has two elements which are main tax rate, which is based on the emissions, and a first year’s rate, which can be more or less , expensive than the normal rate. If they emit less than 100g/km of CO2, then the car is completely tax free and also all cars that produce up to 130g/km are free to tax for the first year. If you buy an car which is manufactured before 2001 , then the tax is based on engine size instead. Cars under 1549cc (1.55 litres) cost £140 per year to tax, while everything above 1549cc costs £225 per year. CO2 Emissions First year rate (g/km) Annual rate Up to 100 £0 £0 101-110 £0 £20 111-120 £0 £30 121-130 £0 £105 131-140 £125 £125 141-150 £140 £140 151-165 £175 £175 166-175 £285 £200 176-185 £335 £220 186-200 £475 £260 201-225 £620 £280 226-255 £840 £475 Over 255 £490 £1,065 Following table applies to cars manufactured after 2001. Some Cars that have zero tax Kia Picanto 1 Volkswagen Golf hatchback Peugeot 207 Oxygo Citroën C3 1.4 HDI Ford Fiesta Econetic Price: £7,795 CO2 emissions: 95g/km Combined fuel economy: Price: Price: £16,775 - £25,370 CO2 emissions: 85g/km Combined fuel economy: 88 67.3 mpg mpg Price: £14,395 - £23,995 CO2 emissions: less than100 g/km Combined fuel economy: 62 mpg Price: £13,895 CO2 emissions: 95g/km Combined fuel economy: 76.3 mpg Price: £12,645 CO2 emissions: 98g/km Combined fuel economy: 74.3mpg 31