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News Item

Vehicle Excise Duty changing from 1st April 2017

May 9, 2019

The vehicle licensing fee (VLF) has recently been implemented as a result of the changes to VED/Road Tax announced by former Chancellor of the Exchequer, George Osbourne, in response to a rise in low-emissions vehicle ownership. Most new cars being registered are currently paying little to no road tax at all, resulting in a decline in tax revenue for the treasury. This has had an impact on the vehicle rental industry, causing overall VED bills to rise in some cases by 400%. A small daily charge for Road Fund Tax (RFL)/Vehicle Excise Duty (VED), will be applied to GBV Rentals charges for cars and passenger vehicles. Commercial vehicles charges are not affected by these charges. 

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