Qualified advisers answering your
Financial Questions
call 0800 092 1245

Why is the UK government obsessed with green policies?

The last few years has seen the UK government increase the number of green policies introduced to the UK voting public which has in turn led to significant increases in personal and business taxation. Many people have for many years accused the government of using the "green" revolution to increase taxes across the board with little or no accountability as to where these "green incomes" are being spent.

The latest move, which saw headlines of a £5000 subsidy for scrapping your old car, had apparently been aimed at the electric car market. However, as we touched on in our earlier post, there will be no eligible electric car available in the UK for at least two years. So whether a potential subsidy of £5000 would be held over until the first eligible cars arrive in the UK, or an opportunity would be missed by UK car owners, remains to be seen.

It is not just the UK government which has taken up the "green" baton with many governments around the world quick to realise this was the perfect opportunity to increase taxes in the name of environment. However, slowly but surely voters round the world are starting to see through the strategy and the authorities could have a difficult fight on their hands in the future.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details