Thegovernment's argumentfor scrapping the subsidy is that it has already done its job of getting the wheels of the electric car market moving. There are also significant financial benefits to owning an electric car such as reduced running costs, and no road tax bill. And it is true that th...
Government is warned by AA and RHA over its proposal to replace fuel tax income. The potential switch in taxation from fuel duty to road tolls must be cost-neutral to motorists, the UK's two largest motoring and road-user groups have warned the government. Both the AA and the Road Haulag...
Ireland introduces new NOx-based road taxCar Remarketing FundingThe Republic of Ireland is to introduce a graduated Vehicle Registration Tax (VRT) designed to penalise older, more polluting diesels – including de-fleeted vehicles imported from the UK. Due to be introduced on January 1, 2020, ...
If the model had been introduced, it would have potentially seen the current road tax and fuel duty revenues rolled into one pay-as-you-drive fee. It was never clear exactly what approach was going to be taken, but fleet operators with big lorries might h...
The Autocarpublished its first road test of the 15/60 on 13 March 1959. The test car retailed at £991.7s, including purchase tax. Not (then) noted for sensationalism, TheAutocarwriter’s style was drier than a chilled glass of Gordon’s gin (other brands are available), but with ...
The base 2024 Leaf SV Plus coming in at under $30,000 (after available tax credits or rebates) is one of the best electric vehicle bargains on the market. The standard Leaf S could cost even less to drive off the dealer lot. Even when highly optioned like our SV Plus model, it stil...
There are a number of different ways to pay for your car tax, including the Post Office, DVLA or through the officialgov.uk website.You can choose whether to pay tax for either six or 12 months, and should receive a reminder when your tax is about to expire. ...
which could also have a knock-on effect to move away from ICEVs. However, the government has been skeptical to fundtaxincentives and other subsidies for EVs. There is a perception in Lithuania that EVs are only for the high earners in society, and there is no value in promoting such sche...
The appetite for EVs has also exploded in Europe in recent years, led by Germany, France and the UK, although growth is set to slow in 2022 amid wider economic pressures. Over in the burgeoning US market, the revamping of the $7,500 tax credit for EVs as part of the Inflation Reductio...
But a rise in EVs means a drop in revenue from the fuel excise levy. Governments are already developing ways to make up for this loss of revenue with a road tax, on top of registration and tolls. At this stage, the ACT Government has ruled out a road-user tax for EV...