High road tax is a significant barrier to buying a new car. £40,000 does not buy you a particularly large car these days and the road tax is punitive. I looked at recent second hand vehicles as an alternative and the VED was £500 pa whereas two older, powerful cars I own with...
“Between October 1940 and March 1973 the UK had a consumption tax called Purchase Tax, which was levied at different rates depending on goods’ luxuriousness. Purchase Tax was applied to the wholesale price, introduced during World War II, initially at a rate of 331⁄3%. This was ...
Put Your Car in Protective Custody WET, the first car polish with Teflon, will hit the stores this month. The new polish is formulated with Teflon and a fluid resin that its manufacturer says enhances durability of a car’s finish and gives added protection against bird droppings and hard wa...