Rachel Reeves Announces £5,690 Vehicle Excise Licence Charge for Newer Cars Tuesday, May 5, 2026 vehicleexciselicence cartax rachelreeves ved electriccars luxurycartax co2emissions petrolcars dieselcars hybridcars Starting April 1, 2026, motorists could face a steep £5,690 charge for their Vehicle Excise Licence (VED) under new tax reforms confirmed by Chancellor Rachel Reeves. The increase targets drivers of newer cars, making it one … Read More