Budget fails to cheer motorists

The budget held scant good news for motorists, apart from the news that fuel tax would remain static.

11th December, 2004

The budget held scant good news for motorists, apart from the news that fuel tax would remain static.

There were, however, one or two little gems in the small print. One was the decision to continue the 50 per cent VRT rebate for hybrid powered cars until December 31, 2006. Such tax reliefs exist in many EU states - in Greece there is 100 per cent exoneration from local car taxes - and are viewed...

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