Did you win or lose in the budget? Here’s a VED increase/1p fuel duty offset calculator to help you.
Cross reference how much your vehicle tax has risen (on left) with your average fuel consumption (along top) to see just how many miles you will have to drive in one year before you feel any benefit in the 1p fuel duty cut.
*Band K includes cars emitting more than 225 g/km of CO2 registered prior to 23rd March 2006.
The more economical your vehicle and the higher its tax band, the longer it will take to realise the drop in duty. Looking at some of those mileages, I’d suggest many will never realise a penny.Tweet