New tax changes: what they mean to you - Introduction

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In March this year, Chancellor of the Exchequer Alistair Darling announced far-reaching changes to VED road tax bands as a means of persuading motorists to buy greener cars.

Initially, it was thought that buyers of high-emitting new cars would be worst hit, but it subsequently came to light that cars registered between March 2001 and March 2006 could also be hit by the tax increases.

Although the proposals won't come into effect until next year, there is already a growing rebellion among MPs about the proposed changes, which they fear will affect lower-income families the most.

Read on, as we explain the tax changes and the implications of them.

New tax changes: what they mean to you - Putting this in context


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