Submitted by Savio Dias on Tuesday 15th February 2022
Published on Thursday 17th February 2022
Current status: Closed
Closed: Wednesday 17th August 2022
Signatures: 57
Remove the 'luxury car tax' for cars worth over £40,000
The Government should remove the additional £310 supplement car owners have to pay for the first five years after buying a car worth over £40,000.
The Pandemic and the Semiconductor shortage has heavily Impacted the Automotive Business sector, and reduced supply of economy cars because they are less profitable.
This means that many people are spending more on cars, and this supplemental tax is putting additional financial pressure of middle income households. This tax needs to be removed.
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13.59.0.25 Wed, 18 Dec 2024 08:40:09 +0000