A new 13 road tax band will replace the existing A to G categories from 2009/10. The new top band M - for cars emitting more than 255g of carbon dioxide a kilometre - faces a £455 annual charge from 2010-11 and £950 in the first year only. This would affect the so-called Chelsea Tractors such as Land Rover, Toyota Land Cruisers and high-performance sports cars such as Porsches which are blamed for high emissions of the greenhouse gas linked to global warming. The government claims that the new band M cars are charged more in the first year to reflect the environmental cost. Some low emission cars will have their tax reduced, some for free and others with inflation busting increase. A reduction in the capital allowances on company cars on the most polluting fleet cars was also announced, aimed at encouraging employers to offer staff more green-friendly cars. Compare new tax bands with your current tax band to see how much it will cost you from April 2009.
Tags: chelsea tractors, land rover, porsches, road tax, road tax band, toyota