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- Fuel duty increase postponed...
Wednesday 17 September 2008 -
Dains is informing individuals that the government have again postponed plans to increase fuel duty by 2p. The increase was originally due to come into force in April 2008, but the chancellor announced on Budget day that it would be put back to October. Due to rising fuel costs the rise has now been deferred once more. The new due date is April 2009.
Plans for the overhaul of the road tax regime are still very much in swing however, with the government now admitting that approximately 9 million road users are likely to see a significant increase in their vehicle excise duty bills.
This comes after the government introduced 13 new bands of taxation that hit the most polluting cars hardest. Older cars will also see a vast difference, as the exemption from the top rate of tax for older cars has been eradicated. Cars registered between March 2001 and March 2006 will now be subject to the new system of taxation according to the car’s CO2 emissions.
For more information contact Andy McQuillan at Dains on 0845 555 8844 or visit www.dains.com
Primary offices at… Birmingham ● Burton ● Coleshill ● Lichfield ● Rugeley ● Swadlincote
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