How Vehicle Excise Duty (VED) Works: An In-Depth Overview for British Drivers
Introduction to Vehicle Excise DutyIf you’re a motorist in the UK, you’ve almost certainly come across Vehicle Excise Duty (VED), commonly known as “road tax.” But what exactly is VED, and why does it matter for everyday drivers? Simply put, VED is a tax that most vehicle owners must pay to legally drive or park…