Is The Government Set To Hold Back Fuel Duty Hike?

Tuesday, 1. March 2011

As fuel prices continue to rise the Government is under continual pressure to shelve the fuel duty hike. In April the duty will rise from its current 59pence per litre by inflation plus 1p, estimated at 3 to 4 pence per litre. Diesel is already at an all time high and still rising without the duty hike, causing the AA, RAC, Auto Express, RMIF and others to call on the Government to put the brakes on. The RAC pointed out that there have been 8 tax rises applied to petrol over the last 2 years making the Read more »

Graham Hill, Car Finance Expert, Sums Up The Budget

Wednesday, 24. March 2010

This week I was going to open with an amazingly interesting piece about the Budget and the effect on the motorist and how we are going to have things a little easier than we had thought but that one was pretty much buggered 2 minutes after the Chancellor stood up. We’ve managed to get the fuel duty hike spread over the year and um er, that’s about it really. Oh no I think he mentioned something about Read more »

Changes To VAT Will Increase Prices To Consumers

Tuesday, 2. December 2008

Did the measures regarding VAT, announced by the Chancellor of the 24th November, have any affect on drivers or the industry? Not much is the answer. The VAT drop on fuel has been balanced out by increased duty but will the duty come off again when VAT returns to it’s current level? It will also have the affect of putting up prices Read more »

The Real Effect Of The Changes To Fuel Duty & VAT

Monday, 3. November 2008

Did the measures announced by the Chancellor of the 24th November have any affect on drivers or the industry? Not much is the answer. The VAT drop on fuel has been balanced out by increased duty but will the duty come off again when VAT returns to it’s current level? It will also have the affect of putting up prices Read more »

Bad Vehicle Excise Duty Rates Set For 2010

Wednesday, 27. August 2008

After all the public outcry over the Vehicle Excise Duty (VED) reforms that were proposed by the Chancellor, a cross party committee has come out in favour of the proposals. When the Chancellor announced his plans to introduce the green banding retrospectively on not only new cars but also old cars pushing millions of used cars into higher tax bands the Tories and some Labour MPs condemned him for Read more »