Because it costs more than # 40,000, BMW M4s are liable for a # 310
tax surcharge in years two to six, bringing the
annual total to # 450, although after this period the road
tax bill will drop to # 140.
Tax thereafter will be # 140 a year, but as the GLE 63 costs more than double the # 40,000 threshold, you'll have to pay an extra # 310 a year for five years, so your total annual road - tax bill during this period will be # 4
Tax thereafter will be # 140 a year, but as the GLE 63 costs more than double the # 40,000 threshold, you'll have to pay an extra # 310 a year for five years, so your
total annual road -
tax bill during this period will be # 4
tax bill during this period will be # 450.
The marginal
tax rate, average
tax rate, and
total annual bill are shown, under three different assumptions about the
total costs of the emergency climate mitigation and adaptation costs (0.5 %, 1.0 %, and 2.0 % of Gross World Product).