Motorists Prove Rich Pickings for the Tax Man
Since coming into power in 1997, Labour has increased fuel duty by 19%, yet car ownership in the UK has increased by 25% suggesting that our love-affair with the car continues unabated.[1
Cardiff, UK (PRWEB) March 19, 2008 -- Debra Williams, managing director of car insurance comparison site Confused.com, said:
"Motorists have proved to be rich pickings for the Labour government. However, despite the increases in fuel prices, fuel duty, road tax, and excise duty since 1997, the number of cars on our roads keeps growing. Although fuel duty has been classified, in the Budget, as an environmental policy since 2002, the changes to duty levels have clearly never been significant enough to stop Briton's from getting in their cars; is this just another Labour stealth tax?
"Alistair Darling's announcement of further fuel duty increases in the 2008 Budget will not come into effect until October, but will add up to an additional £16 per year for Nissan Micra drivers, for example, when the policy officially kicks in. Although the small incremental increases which we have seen over the past decade or so may add up to a staggering 19%, spreading the impact has immunised UK motorists to the reality of the real costs."
Visit http://www.confused.com for the chance to win £1 million tax free
Notes to editors
About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it dominates the car insurance aggregator market and generates around one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides its customers with a free, wholly objective comparison service to help with their decision making. Using cutting-edge technology, Confused.com has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers search, buy and apply for whichever product or policy best matches their individual needs. Prices quoted on Confused.com are the same, or cheaper, than going to the insurer direct. Confused.com's service is based on the most up to date information provided by UK suppliers and industry regulators.
Confused.com is regulated by the FSA.
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