How Alistair Darling’s 2008 Budget Will Affect Motorists Thursday 13 March 2008 PDF Print Parker’s editor comments on how Alistair Darling’s 2008 Budget will affect motorists www.parkers.co.uk/Budget-2008/ In his first Budget, Chancellor Alistair Darling has announced higher road tax for cars with high emissions, but delayed implementing this 2p rise per litre in fuel duty for six months until October 2008. However, fuel was not the only item on the agenda which will affect motorists, additional outcomes from the Budget included: • Band G vehicles e.g. Subaru Impreza 2.5 WRX STi Type UK (which have a CO2 emissions at 226g/km or higher and registered from March 23, 2006) will suffer a £100 increase in road tax • Bands C – F car owners will see an increase of £5 on road tax, cars in this band may include Honda Civic 2.2 CTDi SE, Ford Focus 1.6 Zetec, BMW X3 2.0d SE or Kia Sedona 2.9 CRDi GS • Owners of small cars such as a SEAT Ibiza 1.4 TDI Ecomotive or Toyota Prius T3 in Bands A – B will not be charged any more than last year. A 2009 reform of Vehicle Excise Duty to encourage drivers to choose green cars was also mentioned. Owners of small cars and compact family cars are likely to pay less road tax in future with a CO2 emissions 150g/km threshold. While more cars will be exempt from road tax during their first year of registration, high polluting vehicles will pay double in their first year. There are also new trials planned with a view to introducing toll roads in the future. Kieren Puffett, editor of Parker’s Car Guides comments: “Making a well-informed choice about what car you drive now and in the future will have a bigger impact on your wallet than ever. While the cost of fuel remains expensive, car owners can minimise their annual running cost by seeking out the low emission versions of the cars that suit their needs. Not only will this lead to lower annual road tax, these cars will also be the most economical on fuel.” For more information about the Budget, Vehicle Excise Duty and Parker’s guide to low emissions cars please visit www.parkers.co.uk. Notes to Editors For further information or to arrange an interview with Kieren Puffett please contact: Victoria McGovern / Nikola Oakey at the Parker’s Press Office, the JJ Group. T: +44 (0)1865 343 100 M: +44 (0)7971 293 594 E: email@example.com / firstname.lastname@example.org About Parker’s • Parker’s was established 35 years ago with the aim of making car buying easy. Parker’s Car Price Guide is Britain’s biggest and best selling car price guide. • The Parker’s website, www.parkers.co.uk was set up in January 1999 with the aim of helping the motorist to choose the right car at the right price. The website is visited by 1,034,202 people every month . • The Parker’s team of independent experts analyse 1.5 million car sales every year from dealers, private sales and auctions. We value more cars, with greater accuracy and are more trusted by more people than any other price guide you can buy. • Parker’s is owned and published by Bauer Consumer Media Ltd, part of the Bauer Publishing Group following acquisition from Emap on 31 January 2008, is a brand-led, multi-platform media organisation, with interests spanning magazines, TV, mobile and internet. • H. Bauer Publishing is the largest publisher in the UK and the largest privately owned publisher in Europe. Founded in Hamburg in 1875 by Johann Bauer, the company has been managed by the Bauer family since its inception; Heinz Bauer is the fourth subsequent family member, managing the entire group. • The Bauer Publishing Group is a worldwide media empire offering over 200 magazines in 14 countries, as well as TV and radio stations • For Bauer Consumer Media magazine subscriptions & gift offers visit http://www.greatmagazines.co.uk/ This press release was distributed by ResponseSource Press Release Wire on behalf of ICrossing Ltd in the following categories: Motoring, Personal Finance, for more information visit http://pressreleasewire.responsesource.com/about.