Kevin Griffin, the UK boss of KGM, which used to be called SsangYong, has expressed grave concerns over upcoming tax increases on vehicle excise duty set to take effect in April 2025. Speaking to The Sunday Times, Griffin urged the new Labour Party government’s Chancellor, Rachel Reeves, to reconsider her proposed tax hikes. “Stop murdering the motor trade. Because thatβs ...
Read More »Car tax changes to boost first quarter registrations
Online car retailer BuyaCar is predicting a boost to new car sales in the first quarter as buyers anticipate car tax changes coming into effect on 1 April. BuyaCar said it had seen “a big rise” in the number of people planning to change their car within the next three months. The changes to VED were announced in 2015 by ...
Read More »Trade bodies raise concerns over car tax changes and MoTs
The Retail Motor Industry Federation (RMI) and Scottish Motor Trade Association (SMTA) have raised concerns over MoT levels. They are concerned that following the removal of the paper tax disk and the introduction of monthly direct debits to pay road tax, motorists are unintentionally breaking the law by forgetting to MOT their cars. Although a road tax reminder is sent ...
Read More »