Government u-turn on car tax
Hot on the tails of our article about the car business in this country needing a bit of help from the government comes the news today that the Government’s plan to increase vehicle duty appears to have been delayed for a year.
“Changes in the budget meant from next year all cars which had been on the road since 2001 would face above inflation rises in Vehicle Excise Duty.
However The Daily Telegraph understands increases for cars bought after 2001 and before 2006 are to be delayed for at least a year, by Chancellor Alistair Darling.
Although the extra duty will apply to cars bought after this period, it is still seen as a climbdown by the Government.
The plan upset many motoring groups because the changes will mean higher vehicle duty for family cars.”
AM-Online
The Motor Trade Insider Guide To Buying New Cars
Search terms for the article:
- According to government figures more than 35,000 new cars have been ordered through the UK’s scrappage scheme which started May [...]...
- Car tax hikes delayed in the Pre-Budget Report, but motorists will not benefit from the VAT cut as petrol duty [...]...
- Motorists could be paid up to £1,000 to scrap older, more polluting vehicles under plans being considered by the Treasury. [...]...
- The government has defeated a challenge to its plans to raise vehicle excise duty on the most polluting cars. An [...]...
- According to EurotaxGlass’s, the 98 per cent increase in Vehicle Excise Duty (VED), recently announced by the Chancellor for a [...]...
- Ben Webster writing on TimesOnLine unveils a story about "secret" tax for motorists; Tens of thousands of families will have [...]...
According to recent research used car buyers are most likely to buy a blue or black 5 door hatchback which is 3 years or older. Does that sound like you? 
![[Valid RSS]](http://www.motor-trade-insider.com/images/valid-rss.png "Validate my RSS feed")
Recent Comments