posted 10 years ago

2008 Budget affecting Motorists

Motoring Budget News 2008

2008 Budget affecting Motorists

The Major changes in the Budget that will be affecting cars, fuel and road pricing are:

- From 2009, major reform of the vehicle excise duty. For new cars from 2010, the lowest-polluting cars will pay no road tax in the first year, with the highest-polluting cars paying £950.

- Funding set aside for road-pricing proposals.

- 2p increase in fuel duty is postponed until October this year.

- For environmental reasons, fuel duty will rise by 0.5p per litre in real terms in 2010.