Drivers are getting warnings of new driving regulations that are coming into force during the last month of the year that may affect millions of Britons.
The Autumn Budget presented by Chancellor Rachel Reeves brought several important driving regulations such as new car tax models, a revision of the level of fuel duty and an increase in electric cars.
Despite the fact that the rules will be introduced in 2028, the Government may reveal more information regarding the incoming pay-per-mile tax. This will have the owners of electric cars to pay a rate of 3p per mile, with the plug-in hybrid drivers playing a rate of 1.5p per mile.
The stabilisation of petrol and diesel prices may also occur in December because the Chancellor decided to carry on with the 5p fuel duty freeze until September next year.
The pay-per-mile adjustments would also advantage the drivers of electric cars, even though it would also result in a massive £20 million increase to the installations of EV chargers. Aj additional £1.3 billion will assist thousands of other drivers to benefit from the Electric Car Grant.
It will only take weeks before the Cleaner Vehicle Discount on electric vehicle drivers across London will be removed and under new rules to modernise the scheme, the daily charge on all drivers will increase to a rate of £18, all of which will mean a rise in the daily charge of £15.
Since Christmas, the CVD will cease to exist, and therefore all EV owners will need to pay to enter the Congestion Charge, with the exception of other possible discounts or exemptions.
Transport for London has verified that it would implement a new system of discounts starting January 2, 2026. Electric cars will be given a 25 per cent discount whereas electric vans, HGVs and quadricycles will be given a 50 percent discount.
The Financial Conduct Authority (FCA) announced it would push its consultation deadline to December 12 and outlined that it is the “most efficient way to address the liabilities for those motor finance customers treated unfairly between 2007 and 2024.”
The regulator estimates that the redress program will incur about £8.2 billion and the victims of the car finance scandal will get about £700 per agreement.
The new advisory fuel rates will see the HM Revenue and Customs start charging employees owning company cars on the new rates starting December 1.
The rates are charged when an employee has to be reimbursed with the business travel in his or her company cars, or when an employee has to repay the expense of fuel utilised in his or her personal travel.
The rate will reduce to seven pence per mile rather than eight pence per mile on the basis that the driver of an electric vehicle will be using the home chargers as of December 1,2025.
