HGV VED holiday – What we know so far

Following the Government’s announcement of an HGV VED holiday, the RHA is receiving a growing number of enquiries from operators seeking clarification on timings, eligibility and how the scheme will work in practice.

What we currently understand is:

• The £1 vehicle tax rate will be available for vehicles taxed between 1 July 2026 and 30 June 2027.
• Vehicles taxed before 1 July 2026 will be charged at the current rate, and no refunds will be issued.
• During this period, qualifying HGV operators renewing their VED will pay £1 plus the HGV levy (this is not affected by the announcement).
• The tax classes applicable for the holiday are: TC01 – HGV; TC02 – Trailer HGV; TC16 – Small Islands; TC23 – Combined Transport; TC57 – Special Types.
• A revised V149/1 will be published, and an information page will be available on GOV.UK shortly.

We continue to engage with DVLA and are awaiting more detailed operational guidance. Once we have this, we will release further information.