George Osborne MP steered away from a rise in fuel duty for the sixth year in a row as he introduced tax reforms aiming to boost individuals’ savings and preserve incomes in his 2016 Budget.
Chancellor George Osborne pledged a further £600 million to boost the update of ULEVs, but there was no mention of the future of the plug-in grant.
Fears are mounting that diesel could be hit with tax rises in the chancellor’s Autumn Statement as the Government reacts to the Volkswagen diesel crisis.
Budget 2015 highlights, 50 days from the general election.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues