Rsport182Cup'd
Well the 2007 Budget which we were all dreading has been and gone... and though there are some good changes including a small saving on income tax and a few other bits, unfortunately once again Mr Brown has hit us motorists!
Fuel Duty
Mr Brown announced that fuel duty would go up 2p a litre in 2007 and 2008 then another 1.8p in 2009 - although this year's increase will be delayed until October!
Vehicle Tax
Meanwhile car tax is going up again for most C0/2 bands - Petrol cars between bands C - F will be £15 worse off while their diesel variants (band C - E) will be £5 worse off and Band F diesels will be down £10!
However the main rise in vehicle tax will be for the Band G cars which according to Mr Brown are the "gas guzzlers"! This band not includes the infamous 4x4s but also some large people carriers and estate cars. I'm afraid you Band G drivers will be going up to £300 per year then rising to £400 next year! ouch!
But the least polluting Band A cars will continue to pay no VED and the next cleanest in Band B will see their rate cut to £35 from £50 for diesels and £40 for petrol cars. Meanwhile biofuels, which Mr Brown said helped fulfil the government's obligations on renewable fuels, would have their 20p a litre duty reduction extended to 2010, with the 40p a litre reduction for biogas extended to 2012.
So to recap here's the new tax pricing for the different bands:
Band CO2 (g/km) Tax (per Year)
A <100 £0
B 101-120 £35
C 121-150 £115
D 151-165 £140
E 166-185 £165
F 186-225 £205
G >225 £300
LOOK ON YOUR LOG BOOK. IT TELLS YOU ON THERE WHAT YOUR CO2 OUTPUT IS.
Fuel Duty
Mr Brown announced that fuel duty would go up 2p a litre in 2007 and 2008 then another 1.8p in 2009 - although this year's increase will be delayed until October!
Vehicle Tax
Meanwhile car tax is going up again for most C0/2 bands - Petrol cars between bands C - F will be £15 worse off while their diesel variants (band C - E) will be £5 worse off and Band F diesels will be down £10!
However the main rise in vehicle tax will be for the Band G cars which according to Mr Brown are the "gas guzzlers"! This band not includes the infamous 4x4s but also some large people carriers and estate cars. I'm afraid you Band G drivers will be going up to £300 per year then rising to £400 next year! ouch!
But the least polluting Band A cars will continue to pay no VED and the next cleanest in Band B will see their rate cut to £35 from £50 for diesels and £40 for petrol cars. Meanwhile biofuels, which Mr Brown said helped fulfil the government's obligations on renewable fuels, would have their 20p a litre duty reduction extended to 2010, with the 40p a litre reduction for biogas extended to 2012.
So to recap here's the new tax pricing for the different bands:
Band CO2 (g/km) Tax (per Year)
A <100 £0
B 101-120 £35
C 121-150 £115
D 151-165 £140
E 166-185 £165
F 186-225 £205
G >225 £300
LOOK ON YOUR LOG BOOK. IT TELLS YOU ON THERE WHAT YOUR CO2 OUTPUT IS.
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