Sunday 26 October 2014

Cutting the cost of motoring

So the Government wanted to cut the cost of motoring for the young.  It's a noble aim and one that I should be behind 100% because it helps to keep me in a job.
There are many ways that this could have been tackled:
  • Scrap VAT on cars
  • Remove VAT from fuel.
  • Reduce fuel duty.
  • Waive the VAT for driving lessons.
All of these would have a significant impact but none of these were the chosen policy.  The Tories have chosen to reduce the cost of a provisional licence from £50 to £34, a whole £16 back in the pockets of young people who are learning to drive.
This saving is less than the cost of a driving lesson, estimated by the www.moneysupermarket.com in 2013 to be £24.
It's less than the cost of a tank of fuel.
I'm not convinced the Government was that serious about helping young people with the cost of motoring.  If they were, they'd have tried a bit harder.

No comments: