Did George Osborne make yet another mistake in his Budget?
He’s dramatically cut the tax break on zero and low-emission cars provided as company cars.
But it won’t make the Treasury much money – because hardly anyone drives these cars at the moment.
As we report, academics believe the problem is that motorists don’t make decisions based on saving the planet.
They look for good value and performance, and aren’t convinced that low-emission vehicles offer this.
But, in fact, manufacturers are producing better low emission vehicles all the time. The challenge is getting the message out to consumers.
It sounds like a perfect opportunity for Government to lend a hand and support British-based automotive manufacturers who are leading the way in developing green technology.
Instead, Mr Osborne’s cut the legs out from under them.
Forget the “pasty tax”, which was just an attempt to close a bizarre tax loophole. Mr Osborne’s new car tax is the real mistake.