Car road tax rises well above inflation
Those who are looking to tax their cars over the next few weeks will notice a substantial increase in the cost which is moving ahead well above the rate of inflation. Despite a number of promises by the government the vast majority of UK car owners are set to be hit with substantial rises in road tax, a situation which looks as though it will get worse in the longer term. So why are the authorities looking to increase the tax burden for UK drivers?
There is some concern that this concerted effort to tax more and more UK drivers is a deliberate attempt to encourage the use of public transport throughout the UK. However, this policy has been somewhat tarnished of late with news that many Virgin Train tickets will see increases of above 100% with the worst seeing increases approaching 300%. The authorities must be dismayed at this move which goes against the government's policy of encouraging the use of public transport and could see further conflict between the government and the public transport companies.
Many people will be dismayed to learn that many public transport companies are still receiving substantial taxpayer funding years after they were privatised for the "benefit of the public".
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