Question

Discuss the impact of the following Government policies on the purchase of cars:a)Fuel tax increasesb)Road tax increases.

Answer 1

Vehicle Excise Duty or car tax is linked directly to your car, van or motorhome and the cost varies depending on vehicle age, list price and CO2 emissions. If you have bought a car registered on or after 1 April 2020, you will pay a rate based on the vehicles CO2 emissions.