13 replies to this topic

[Blue Louis]

I know that Indoors doesn't like threads linked to reports in newspapers, but the following report in the Telegraph gives details of potential changes in the purchase taxes of new vehicles which would have a very significant impact of all vehicles, most especially the larger and more powerful engined machines favoured by so many caravan owners.

http://www.telegraph...p-to-23000.html

Even if I lived in the UK it wouldn't affect me as I haven't bought new cars since I realised what a black hole they were commercially.

[Challenger]

It will be another ill thought out proposal  and will be dropped and then everyone will think what a good government we have!!!

If they can cock up the rail franchising they can cock up everything else.

[j300c]

Wouldn't be a bad idea to also tax the early scrapping of cars (usually because they haven't been looked after correctly).

There is no reason why cars can't last at least 20/25 years IF SERVICED AND MAINTAINED correctly. Maybe longer.

Thinking of caring for the environment (which the government doesn't), making cars last longer would be a very good step to take.

It'll never happen of course - the international companies will see to that.

[FishyDave]

The link doesn't seem to work, but I'm guessing this will affect the P11D value. I'm already hacked off paying tax on a £25K car that I know I could buy for under £20K cash. I'll be even more miffed if I end up paying tax on car 'worth' 30K, when even its notional value is only £25K and the rest is tax.

Humbug!

[Blue Louis]

FishyDave, on 03 October 2012 - 11:10 AM, said:

The link doesn't seem to work, but I'm guessing this will affect the P11D value. I'm already hacked off paying tax on a £25K car that I know I could buy for under £20K cash. I'll be even more miffed if I end up paying tax on car 'worth' 30K, when even its notional value is only £25K and the rest is tax.

Humbug!

OK Dave, it worked when I first put it up and I have just re-loaded it and it appears to be working now, give it a try.

Philip

[FishyDave]

Blue Louis, on 03 October 2012 - 11:17 AM, said:

OK Dave, it worked when I first put it up and I have just re-loaded it and it appears to be working now, give it a try.

Philip

Thanks. Just had a quick peek.

I see an interesting double-standard in that they're treating diesel and petrol cars on equal terms, emissions-wise (which comes out heavily in favour of the diesels, naturally.) When it comes to company cars, they whack on a surcharge for diesel engines, supposedly to cover the fact that they produce particulates as well as CO2 (even though a Euro V engine is no worse than a petrol in this respect.)

I always assumed that they did this in an effort to maintain a balance between diesel and petrol car sales. After all, if everyone turns to diesel, what do you do with all of the petrol that's produced as part of the oil refining process?

[Surfer]

It is in the Telegraph and mooted by Lib Dems so hardly likely to get off the ground.  However it would not surprise me if electric cars were taxed and hybrids samw increased taxes.  After all they need taxes from somewhere to support the benefits system and old age pensioners.

[Challenger]

Surfer, on 03 October 2012 - 11:50 AM, said:

It is in the Telegraph and mooted by Lib Dems so hardly likely to get off the ground.  However it would not surprise me if electric cars were taxed and hybrids samw increased taxes.  After all they need taxes from somewhere to support the benefits system and old age pensioners.

Leave us pensioners out of it!!!!!!!

[Surfer]

Challenger, on 03 October 2012 - 11:52 AM, said:

Leave us pensioners out of it!!!!!!!

Unfortunately we fall into both categories!  

[TimBanham]

Aren't they missing the point - if you buy a poor fuel efficient car you pay for it in increased fuel costs.  Given the latest report on 2 billion less litres of fuel being sold this year compared to last, either people are driving more efficiently, using their cars less or there are more fuel efficient cars on the road.

Why should someone who buys a big car get penalised twice?  Its a bit like the 50% tax bracket - just wrong (IMHO) and the potential wealth tax on assets worth over a million.  People pay tax on their earnings and now are being taxed on the value of their assets on top (should point out I am not in either of these brackets)

[Blue Louis]

FishyDave, on 03 October 2012 - 11:30 AM, said:

After all, if everyone turns to diesel, what do you do with all of the petrol that's produced as part of the oil refining process?

Apparently the oil companies make more profit out of petrol than they do diesel, although no doubt someone will be coming along to say that is a load of old baloney!

[yozza]

Its basically just another form of trying to bleed the country out of more money to recoupe some of the debt they are saying that we are in

[RogerL]

Just a job creation scheme for civil servants! There's already a levy on new cars, in the form of much higher 1st year VED (Road Tax) which is graduated by emissions band - they could alter that rate to raise more money but with no added costs of administration.

[FishyDave]

TimBanham, on 03 October 2012 - 01:17 PM, said:

Aren't they missing the point - if you buy a poor fuel efficient car you pay for it in increased fuel costs.  Given the latest report on 2 billion less litres of fuel being sold this year compared to last, either people are driving more efficiently, using their cars less or there are more fuel efficient cars on the road.

Why should someone who buys a big car get penalised twice?  Its a bit like the 50% tax bracket - just wrong (IMHO) and the potential wealth tax on assets worth over a million.  People pay tax on their earnings and now are being taxed on the value of their assets on top (should point out I am not in either of these brackets)

Well you do and you don't. If you only do 20 miles a week on the school run or to and from Sainsburys, the price of diesel isn't really much of an incentive to pass over the Audi Q7 and buy a Fiesta diesel. Now on the energy use and pollution scale of things, it's fair to say that you're not having much of an environmental impact either way, and so fuel taxation is a fairer route. Then again, It's quite likely that the Audi generated a lot more CO2 in production than the Fester did.

What tickles me is that the hand that takes away is always so much larger and swifter than the hand that gives back. You'll pay £25K of extra tax on your Aston Martin, but if you buy the most fuel efficient supermini you can find, they'll give you 500 quid back. On balance, you know they'll profit from this. The idea of a discount on a small number of cars is just a token gesture - but then politics is all about being seen to do the right thing, rather than actually doing it.