VED (Vehicle Excise Duty)

Vehicle Excise Duty (VED) is a tax that owners of motor vehicles in the UK must pay to legally use their vehicles on public roads. The amount of VED is determined by various factors, including the type of vehicle, its age, and its carbon dioxide emissions. Typically, cars with lower emissions pay less tax, encouraging environmentally friendly choices. VED is paid annually and is enforced by the Driver and Vehicle Licensing Agency (DVLA). Failure to pay can result in fines or penalties, making it an important obligation for vehicle owners.