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good news for 2001 onwards scooby car tax

Old 24 November 2008, 06:44 PM
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dj219957
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Default good news for 2001 onwards scooby car tax

taken from bbc

"The differential first-year rates on new cars will go ahead in April 2010 - but controversial new rates for older cars will be phased in. Duty rates for all cars will only increase by maximum of £5 from next year. In 2010 the maximum rise will be limited to £30 per car, rather than £90."


bit of a bummer if you sold your scoob recently thinking that you could no longer afford the tax or petrol.

petrol is gona come down even further nd road tax will only raise over the next few years by £35
Old 24 November 2008, 07:57 PM
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Originally Posted by dj219957
petrol is gonna come down even further
BBC states "Alcohol, tobacco and petrol duty rises to offset the 17.5% to 15% VAT cut" so surely petrol will go up , but agreed, really good news for vehicle excise duty if Darling manages to stick to his word, but I won't believe it until it happens, not with this lying stealing government!
Old 24 November 2008, 08:07 PM
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Proposed pre-budget vehicle excise duty rates can be found on p.135 of http://news.bbc.co.uk/1/shared/bsp/h...letereport.pdf.
Old 24 November 2008, 08:41 PM
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yay, a last desparate attempt to stay in power at the next election (like that'll work lol)

great news for us newage owners.
Old 24 November 2008, 08:42 PM
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If you check out the small print there's also an alternative fuel discount of £15-20 next year dropping tp £10 the year after.

It almost makes a £1500 LPG or bioethanol conversion worth considering
Old 24 November 2008, 09:17 PM
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wow - parkers have updated there website already
Old 24 November 2008, 10:48 PM
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good news for me, baby on the way so cant be spending more money

wiley
Old 25 November 2008, 05:39 PM
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Originally Posted by dj219957
petrol is gona come down even further
A rate increase is planned to offset the money lost by the VAT cut. And then there are plans for an increase anyway.
Old 25 November 2008, 06:31 PM
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i heard that petrol would come down by 2p per litre on radio one?
Old 25 November 2008, 06:41 PM
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Just read this on

Free UK fuel prices. 9,724 petrol stations covered - PetrolPrices.com
:

"A permanent 2p duty increase in fuel tax has been introduced in the pre-budget report, which despite being presented as revenue neutral, will mean that fuel prices will rise over the next year and beyond.

The move to increase fuel duty by 2p has been introduced to offset the rate cut in VAT from 17.5% to 15%. However, although the VAT holiday will last 13 months, the 2p duty rise is permanent.

When VAT returns to 17.5% motorists will still be paying the higher rate fuel tax of 52.35p per litre and the higher rate VAT, making tax 74% of the total cost of a litre of fuel, and instantly boosting the cost of fuel by 2p a litre.

If the Chancellor had instead announced scrapping duty and VAT, a litre of petrol would cost just 25p.

The changes are designed to be neutral, but calculations by PetrolPrices.com show that there will be a slight increase at the pumps of 0.4p a litre, or 20p per average 50 litre tank of unleaded when the changes come into effect on December 1st. The fact that fuel prices will increase at all is contrary to the message from the Chancellor that the changes will be revenue neutral.

Motorists and businesses will effectively be bearing the brunt of the costs involved with implementing changes to help the UK as it heads into a recession.

Fuel is taxed twice – a fixed duty and percentage VAT. The changes mean that the fuel duty will be 52.35p per litre and VAT will be 15% from the 1st December."


Last edited by Jonnys3; 25 November 2008 at 06:42 PM.
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