Wednesday, November 29, 2006

Chancellor to put squeeze on 4x4 owners

Chancellor Gordon Brown is set to target owners of high emission cars with a further tax hike, according to the Financial Times.

In his pre-budget report Brown is expected to announce increases to the top rate of vehicle excise duty for the most polluting new cars, such as the much maligned 4x4s. Brown is reported to back indirect taxation as a means to persuade motorists to opt for greener cars.

DATED: 29.11.06

FEED: MT





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