Motorists are set to be hit with massive increases in motor tax and vehicle registration tax (VRT) in the coming budget, as the government seeks to deal with an expected shortfall in revenues from the proposed property tax.
Owners of low-emission vehicles will be worst affected, with the government set to reverse the previously low motor tax rates for newer, environmentally-friendly cars.
The government had already told the bailout troika that it would increase revenues...
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