I think this depends on how you read it?
Quote:
The report continued: "We are surprised that the Treasury has risked provoking such political opposition for an environmental measure which, according to its projections, is of limited benefit."
Quote:
"that the Treasury had not calculated what the impacts of the (VED) Budget (changes) will be on emissions from second-hand cars, when this was one of the main objectives of the changes".
Quote:
"breeds suspicion about their objectives, increasing the perception of them as revenue-raising measures with no environmental purpose
But also....
Quote:
The MPs said they agreed with the Treasury that new VED bands for cars bought since 2001 was not retrospective taxation and that there was "nothing intrinsically unfair or unusual" about it.
I am tring really hard, and i can't see how this tax is not retrospective, I also can't see how it is fair?
Quote:
The MPs said they strongly supported the Treasury's use of VED as an environmental tax and welcomed the changes announced in the Budget.
Quote:
The committee said that attention had since focused on the 1.1 million high-carbon cars, registered between 2001 and 2006, that will see their VED more than double, from £210 to £430 or more.
so the fact my car tax is going up by £60 is not an issuse?
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Oct 11 Birmingham Half Marathon. I am running for the British Heart Foundation.
http://www.justgiving.com/Rob-Taylor
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