With just hours to go until the Chancellor’s Spring Statement, eight-in-10 drivers (83%) want him to step in to help reduce the impact of record-high pump prices with a cut in duty or a reduction in VAT levied on fuel, shows new RAC research among 2,000 drivers shows. The study suggests drivers are increasingly worried about the impact of high prices with … [Read more...]
Welsh Tories call for fuel duty cut
The Welsh Conservatives are today calling on the Chancellor to cut fuel duty in this week’s Spring Statement to help families with the cost of living amid increasing diesel and petrol prices. Wales’ Shadow Finance Minister has said cutting prices at the pump will help people keep more of their money, allowing them to save more for other essential … [Read more...]
New car tax changes and how they affect you
The Government’s Spring Statement 2019 has outlined how April 2019 changes to vehicle-related taxes will hit fleets and drivers. Chancellor of the Exchequer Philip Hammond’s second Spring Statement was an update on the health of the UK economy and the state of the Government’s finances, rather than laying out any major new tax or spending … [Read more...]
Drivers’ disappointment over Spring Statement
The Chancellor’s Spring Statement is disappointing for drivers, says the RAC. RAC head of roads policy Nicholas Lyes said, “The announcement that the Chancellor will look at the possibility of reducing VED for businesses that buy cleaner vans is very welcome and we look forward to seeing more detail on this. “But motorists will be very disappointed … [Read more...]
