Budget Black Hole? Why the UK Car Industry Might Be Our Unexpected Economic Lifeline

Britain doesn’t need higher taxes – it needs smarter growth, and the car industry could deliver billions in extra revenue without changing a single tax rate

Next week’s Budget is already being whispered about in tones normally reserved for horror films and MOT failures. The words “stealth taxes” and “tough decisions” are being tossed around like loose change in the Chancellor’s red box, and ordinary Brits are bracing for yet another round of financial whiplash. But here’s the bit nobody seems to be talking about – in all the noise about tax rises, cuts, freezes, and fiscal black holes, we’re ignoring one of Britain’s biggest, most underappreciated economic engines.

Cars. Not just the things on your driveway – the entire UK automotive ecosystem. Let’ me explain…

Continue reading “Budget Black Hole? Why the UK Car Industry Might Be Our Unexpected Economic Lifeline”

Is the Chancellor About to Scrap the 40-Year Classic Car Exemption?

Are They Coming for Our Classics? – The Chancellor’s Bonkers Plan to Tax Heritage!

Rumour has it the Chancellor, Rachel Reeves, is preparing to scrap the 40-year tax exemption for classic cars – and if true, it could be one of the daftest economic moves in decades. Because make no mistake – if this goes ahead, you won’t just be taxing old motors. You’ll be taxing passion, history, and an £18-billion-a-year industry that already contributes around £3 billion in taxes annually to the Treasury.

That’s right. The same government that loves to preach about “protecting heritage” might soon be taxing it to death.

Continue reading “Is the Chancellor About to Scrap the 40-Year Classic Car Exemption?”

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