HermitBee
@HermitBee@feddit.uk
- Comment on UK could raise nearly £2bn by taxing SUVs in line with European countries, study shows 45 minutes ago:
It’s not meant to be a single digit multiple of the UK tax, I don’t know where you’re getting that from. The things which the article mentions as being single digit multiples are:
In 13 countries, acquisition taxes for such an SUV are more than three times higher than the UK’s
£3,200 in the UK, but the sale would incur taxes of £66,600 in France – driving UK SUV sales to four times the level in France.
And the headline figure is “up to 20 times”, which roughly matches the £66k.
- Comment on UK could raise nearly £2bn by taxing SUVs in line with European countries, study shows 7 hours ago:
I’m not sure what the mistake is? France charge a £50k premium, so £66k tax doesn’t sound unreasonable.
It doesn’t say that that £66k is 3 times the cost, it says there are 13 countries which have a greater acquisition tax than 3x the UK rate. As far as I can see, it doesn’t mention the relative costs between the UK and France.