From 1 April, a number of tax changes will come into force affecting businesses and individual taxpayers, with more tax rises due on 6 April.

Road tax will be rising for different vehicles sizes. For the first time, all electric vehicles will have to pay road tax with large rises in vehicle excise duty (VED).

New electric cars will be charged £10 for the first year’s tax, up from £0, while those priced under £40,000 (when new) will be charged £190 per year from the second year.

The most expensive EVs costing over £40,000 will be charged £600 per year from the second year, including the £410 ‘expensive car supplement’. 

Non-EV road tax rates will rise across the board in line with inflation, with some more substantial hikes.