Vehicles registered after 1st April 2017 and with an original list price of £40,000 or more are subject to additional tax.
This additional tax is added ontop of the ‘standard tax’ for the vehicle if its original list price (when new) was £40,000 or more. This premium is only payable for five years after the vehicle is taxed for the second time.
For more information, please contact our team. Alternatively, you can read all about tax rates on the Gov.uk website.