2007 Budget Affects 350Z owners please read.

[Chesterfield]

In the March 2007 Budget Chancelor Gordon Brown made changes to the Vehicle Excise Duty bands and charges.

 

These charges affect the owners of all Nissan 350Z's. Some considerably more than others.

 

Here is the link to the full budget report:

 

http://news.bbc.co.uk/1/shared/bsp/hi/p ... report.pdf

 

Sections relevant to the owners of the 350Z are 7.78 on page 191.

 

• raising the rate for the most polluting cars (band G) to £300 in 2007-08 and

£400 in 2008-09; and reducing the rate for low-carbon band B cars to £35 in

2007-08, with that rate then frozen for the subsequent two years;

 

• raising the rates for graduated bands C-E, cars registered before 2001 and all

light goods vehicles by £5 in each of the next three years;

• raising the rates for graduated band F by £10 in 2007-08, then £5 in each of

the subsequent two years;

 

• in 2007-08 only, freezing the rates for motorbikes in the lower band with

higher bands increasing by £1-£2; and freezing VED rates for Heavy Goods

Vehicles (HGV), Special Types Vehicles, Combined Transport Vehicles and all

vehicle categories that are linked to the basic goods rate;7 and

 

• aligning the VED rates for petrol and diesel cars as the differential in nitrogen

oxides and particulate matter emissions for new cars is expected to fall to

close to zero once Euro V and VI emission standards become mandatory.

 

• Changes to this year’s VED rates take effect from 22 March 2007. All changes

in subsequent years take effect from licenses commencing 1 April in the

respective year.

 

Band G are vehicles with emissions levels above 225g/km and registered ON OR AFTER 23rd March 2006.

 

This means that any 350Z registered ON OR AFTER 23rd March 2006 is in Band G.

 

Any 350Z registered before this date is in Band F. (and subject to the £10 rise this year and £5 per year for the next two)

 

The new rates for cars in band G are considerably higher:

£300 in 2007-2008 and £400 in 2008-2009

 

Changes to this years VED rates take place on 22nd March 2007 - THATS TOMORROW.

 

If you own a 350Z registered on or after the 23rd March 2006, you may want to get your road tax today NOW.

 

If you only have a month or so to run, you most certainy do want to get your tax this afternoon, buy it tomorrow and it will be £300 not £210.

 

Please discuss - here:

 

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