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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 »

Lease rates will have to increase for some of the larger ‘gas guzzlers’ as a result of the new showroom tax. However, there are some winners. If your new car spits out less than 130 g/km of carbon dioxides then you will pay no showroom tax and low road fund licence (car tax). The highest showroom tax is £950 for vehicles throwing out over 255 g/km of carbon dioxides. Aimed at discouraging large environmentally Read more »

The new road fund licence rules come into force on the 1^st April. For some it is good news as those with low emission cars will see the cost of their RFL or road tax reduced, in some cases to zero, but a big row has broken out because drivers have to renew before the 1^st April to ensure that the car is taxed at all times but because the DVLA was having a cup of tea they couldn’t be arsed to change their computer Read more »

 RMI Petrol Retailers Association is predicting a rise in fuel of 10 pence per litre in 2010 as a result of the VAT increase and other tax increases that are already planned or likely to be introduced when a new Government is elected. Clearly using the green argument to beat drivers over the head and justify exceptional taxation increases will help them to recover the huge deficit brought about by investment Read more »

It’s your last call for PCP’s if you are to benefit from the 15% VAT. If you take out a contract before 31^st December the price paid for the car by the leasing company will include VAT at just 15% with your repayments remaining fixed for the contract term. After the 1^st January VAT returns to 17.5% so if you are thinking about changing your car you could save yourself some money by doing it sooner rather than later. By Graham Hill

Did the measures regarding VAT, announced by the Chancellor of the 24^th 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 »

Did the measures announced by the Chancellor of the 24^th 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 »

If you are getting worried about the affect that the new car tax (road fund licence) will have on your new car if you are considering a change but you are unsure as to how the changes will affect you over the next couple of years – fear not as I have come across a website that will provide you with all the info that you need. You simply enter Read more »