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The Envy Tax Targeting Everyday Drivers | UK News
Description
A new “envy tax” is hitting millions of everyday drivers—those buying cars over £40,000 now pay an extra £425 annually for five years, totaling over £2,000. Originally meant for luxury vehicles, the threshold has become outdated as car prices soared since 2017, now catching mainstream models like the Golf and Kuga. Even discounted or used cars over the limit are taxed based on sticker price. Families, for whom cars are necessities, are feeling squeezed, while the government defends it as fair funding for public services—though critics see it as a sneaky tax on everyday life.
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