![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/what-todays-autumn-statement-means-for-drivers-explained/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/NINTCHDBPICT000775869738-2.jpg&description=DRIVERS have been saved from more petrol price rises today as there were no changes for fuel duty in todays' Autumn Statement. It means no tax hikes for petrol and diesel until the next Budget at least - expected to be in March next year. There were no changes to fuel duty in today's Autumn StatementCredit: Getty The Sun has succeeded in getting fuel duty frozen for 12 years in a row - and the Chancellor even cut it by 5p earlier this year. But electric car and van drivers face paying more tax in future. Jeremy Hunt revealed plans for them to pay road tax after 2025 in a bid to fill the hole left by a switch to new EVs. Vehicle Excise Duty will have to be paid by electric cars and vans in the years to come, he said. Mr Hunt said today: "Because the OBR forecasts half of all new vehicles will be electric by 2025… to make our motoring tax system fairer, I have decided that from April 2025 electric vehicles will no longer be exempt from Vehicle Excise Duty. "Company car tax rates will remain lower for electric vehicles and I have listened to industry bodies and will limit rate increases to 1ppt a year for three years from 2025." But there is bad news for White Van man who will face an extra whack for using their vehicles. Those who use their employers' vans for personal use (Van Benefit Charge) will also see the charge go up in line with soaring CPI inflation - currently at 9.1 per cent. The amount the Treasury think they will rake in per year has tripled from £5m to £15m. And there's bad news for firms who give their employees company cars - who will face higher tax rates until April 2028. Electric cars face increased taxes of up to 5 per cent, low-emission cars will pay more up to 21 per cent, and other cars (older, more polluting ones) up to 37 per cent for the next few years. Read more from the Autumn Statement in our live blog The two extra tax increases will raise at least £25million a year from next year. It comes in a gloomy Autumn Statement where the Chancello){kind=link}
DRIVERS have been saved from more petrol price rises today as there were no changes for fuel duty in todays’ Autumn Statement.
It means no tax hikes for petrol and diesel until the next Budget at least – expected to be in March next year.
The Sun has succeeded in getting fuel duty frozen for 12 years in a row – and the Chancellor even cut it by 5p earlier this year.
But electric car and van drivers face paying more tax in future.
Jeremy Hunt revealed plans for them to pay road tax after 2025 in a bid to fill the hole left by a switch to new EVs.