2008 Budget affecting Motorists
The Major changes in the Budget that will be affecting cars, fuel and road pricing are:
- From 2009, major reform of the vehicle excise duty. For new cars from 2010, the lowest-polluting cars will pay no road tax in the first year, with the highest-polluting cars paying £950.
- Funding set aside for road-pricing proposals.
- 2p increase in fuel duty is postponed until October this year.
- For environmental reasons, fuel duty will rise by 0.5p per litre in real terms in 2010.