Van owners in the UK will face increased Vehicle Excise Duty (VED) fees from April 1, 2025, with rates rising to £345. Electric van owners will also be affected as exemptions end.
As National Insurance rates climb, UK motorists and businesses are increasingly eyeing electric vehicles through salary sacrifice schemes to mitigate tax increases.
New data indicates a decline in van sales following the Autumn Budget, suggesting a potential downturn in economic confidence as new car tax changes are set to launch.
