Brown's Budget for a Greener Motoring Future

Dufton Kellner, Chartered Accountants, produced a full Budget 2007 Summary today. Covering the environmental measures, the firm summarises the motoring related ones as follows:

"Road Fuel

From 1 October 2007 the effective excise duty rates for road fuels will be increased by 2 pence per litre. Further announcements were made that the next two years' increases will be 2 pence and 1.84 pence per litre.

The government has announced that the current 20 pence per litre duty differential on biofuels will be extended to 2009/10.

Vehicle Excise Duty (VED)
The government has announced the VED rates for this year and the following two years.

The major change will be increasing the rate for the most polluting band G to £300 in 2007/08 and to £400 in 2008/09. There will be a reduction in the rate of duty on band B cars to £35."