THE proposed changes on how our cars are taxed will mean some motorists could win and some lose out if the government adapts the Tax Strategy Group (TSG) plan in the Budget. Winners and losers: Proposed changes on how our cars are taxedThe proposed measures seek to address a number of issues – all within the ambit of the government’s Climate Action Plan. Encouragement to buy low-emissions vehicles is pronounced with the proposed new low rate: 7pc on cars under 51g/km. As more people have been buying reduced-emission cars, tax take has fallen. Because it is a more stringent test, it means cars have higher emissions ratings.

Source: Irish Independent July 18, 2019 11:48 UTC