Rachel Reeves unveils new car tax measures today as thousands face new rates on UK roads

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Rachel Reeves' new car tax changes have come into effect today, impacting thousands of heavy goods vehicle operators for the first time.From today, HGV drivers will be able to benefit from a year-long road tax cut, with eligible lorries seeing costs slashed to just £1.The temporary Vehicle Excise Duty reduction came into effect on 1 July and will run until June 30, 2027.

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The scheme applies to most HGVs over 3,500kg that renew their tax during the 12 months.It follows an announcement by the Chancellor in May as part of a wider support package to help businesses cope with rising fuel costs linked to the ongoing conflict in Iran.

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TRENDING Stories Videos Your Say Speaking in Parliament, Ms Reeves said the road tax holiday would provide significant savings for hauliers.

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For hauliers, the Government is granting a 12-month road tax holiday for HGVs, saving the typical heavy lorry up to £912," she told MPs.

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It was first revealed by Prime Minister Keir Starmer and Exchequer Secretary to the...

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