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Car tax changes could see new pay per mile system causing firms to go bust Car tax changes could see a new pay per mile system being introduced, but it might lead to hundreds of firms going bust , according to an expert from Regis 17:57, 11 MAR 2021 The changes could affect motorists on the road (Image: Getty Images) Sign up for Daily Star Hot Topics newsletter for the most exciting real life, fashion and sex tips HOT off the pressInvalid EmailSomething went wrong, please try again later. Yes, put some glamour in my life When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time. ....
The Chancellor is said to be considering a pay per mile scheme (Image: Getty) He warned consumer costs could rocket under the updates as he demanded clarity from the Government on any updates. He said: “Over the coming months and years, people will be making car-buying decisions that will be affected when whichever new tax or taxes are introduced to plug the gap lost from Fuel Duty, Vehicle Excise Duty and VAT. “I’d now like to ask the Government to outline what approach it will be taking with regards to electric vehicle taxation given how quickly EV ownership has progressed in the last few years, and how quickly it will continue to evolve. ....
Trending Petrol prices have jumped from around 1123p per litre in August to over 122p per litre in just six months. Diesel charges are also up eight pence from around 118p in the summer to now around 126p per litre. The current charges are at the same level as a week before the first lockdown despite the country still shut up and traffic volumes down. However, Mr Madderson warned drivers should not see petrol stations as simply “cash cows” for their money. READ MORE He said many retailers had been “burdened” with “excessive taxation” which has driven up costs for drivers. ....
Mr Jones warmly welcomed the measures outlined by chancellor Rishi Sunak on March 3. The Budget delivers an additional £740 million for Wales. The total additional funding for Wales for 2021-22 is now £2.1 billion. Mr Jones said this funding enables the Welsh Government to provide further support to people, businesses and public services. “The announcements made by the Chancellor will continue to provide families and businesses in North Wales, and throughout the country, with the support required as we begin our recovery from the coronavirus outbreak, while, importantly, ensuring that, as we look to the future, the nation’s public finances are also able to recover, He added. ....