Browsing: Autumn Budget

Chancellor faces pressure to end fuel duty freeze at Autumn Budget due to £200million shortfall caused by increasing electric vehicle adoption

The UK government is considering revising or removing the ‘luxury car tax’ on electric vehicles as part of measures to boost their adoption.

The National Franchised Dealers Association has called on Chancellor Rachel Reeves to remove certain car tax burdens that may deter motorists from purchasing electric vehicles

New data indicates a decline in van sales following the Autumn Budget, suggesting a potential downturn in economic confidence as new car tax changes are set to launch.