The Budget 2016 for Motorists

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So today was budget day, but how will it effect you and your motor?

  • Fuel duty frozen for 6th year in a row
  • From 2018 the Severn crossing toll will be halved so around £3.30 at todays rate
  • Tunnel between Manchester and Sheffield gets the go ahead
  • M62 increased to four lanes for the A66 and A69
  • Insurance tax premium will go up by 0.5%

No massive announcements there so its smooth sailing for another 12 months. A cut in fuel duty would have been nice, but realistically that is never going to happen.

Current fuel tax stands at 75% of the price you pay at the pump, so the government will collect around £27 billion in fuel duty alone next year.

Rolls Royce Wraith Petrol Pump 002 carwitter 700x394 - The Budget 2016 for Motorists - The Budget 2016 for Motorists


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