Attack on gas guzzlers leaked
The Sunday Times reported yesterday that Alastair Darling was proposing a “purchase tax” on high polluting cars (4x4s etc). Details were obtained from a leaked Treasury document which also revealed that the top rate of road fund tax is also due for a large increase.
The surcharge has apparently been set at £2,000 while at the other end of the scale buyers of very green cars will be able to claim a rebate of £2,000 off the purchase price.
The proposals are strikingly similar to those put forward by the Conservatives as reported in Motor Trader last week.
No doubt all will become clear in next months Pre Budget Report.
Date: 17th September, 2007
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