Topic
uk-tax-policy
2 stories related to this topic, newest first.
politics16 days ago
UK Road Tax Cut for Heavy Goods Vehicles Takes Effect
A temporary Vehicle Excise Duty reduction began on 1 July, lowering the annual tax for qualifying heavy goods vehicles to £1 for one year. The measure covers most HGVs over 3,500 kg and is set to run until 30 June 2027.
GB Newsworld72 days ago
HMRC Reviews VAT Classification Rules for Electric Double-Cab Pickups
GB News reported that HMRC has started reviewing strict VAT rules blocking many electric double-cab pickups from commercial vehicle status due to battery weight. The review follows an SMMT proposal to lower the one-tonne payload threshold. Businesses buying affected models such a…