Remove Economy Remove Green Cars Remove Petrol Remove Scrappage
article thumbnail

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors.

article thumbnail

The Budget 2009 - working towards sustainable transport

Green Cars News

Increasing company car benefit in kind tax in the future for all but the lowest carbon cars. Introducing a vehicle scrappage scheme. Confirming the recently announced support for ultra low carbon Cars and infrastructure. The taxation of these cars will be subject to the 3% uplift for diesel cars from this date.

article thumbnail

Is a green tax blitz justified? The Green Piece

Green Cars News

It states that green levies could be offset elsewhere by decreases in income tax and National Insurance contributions. Among its suggestions is a £300 tax on new cars, increasing annually to £3,300 by 2020. If we are to get serious about tackling climate change then it is inevitable that green taxes will have to rise.

Tax 36