So the Budget speech went out yesterday and I've been sifting through the implicaitons of this for the motorist in the UK.
First insurance tax goes up from 6% to 9.5%
Car tax is going to be £140 for new cars, I presume existing cars will still fit into the current tax band system. 5% of new cars will either pay nothing (Electric and ZEV) or more than £140 (not specified yet AFAIK) depending on the cars emissions.
Road tax will then go toward maintaining our roads. Fewer potholes will hopefully mean fewer repair bills. This won't come in until 2020.
Fuel duty is also fixed and will not be increased this year (aren't we paying enough already?)
First insurance tax goes up from 6% to 9.5%
Car tax is going to be £140 for new cars, I presume existing cars will still fit into the current tax band system. 5% of new cars will either pay nothing (Electric and ZEV) or more than £140 (not specified yet AFAIK) depending on the cars emissions.
Road tax will then go toward maintaining our roads. Fewer potholes will hopefully mean fewer repair bills. This won't come in until 2020.
Fuel duty is also fixed and will not be increased this year (aren't we paying enough already?)