Cars registered between 2001 and 2006 were set to be subject to tax rises, first in 2009 and then again in 2010, while others would have become worthless with the added increase. However Chancellor Alistair Darling has bought some relief to these car drivers by putting off the rise for another year.
However, drivers of cars registered after these dates have not been so lucky. The freeze will not apply to these cars and drivers will still have to pay the increased costs announced earlier this year.
Although the rises were implemented as an incentive for people to opt for smaller and more fuel efficient cars, it appeared to unfairly penalise owners of larger older cars which included low income families.
We agree the value of your bike with you and take into consideration the care you have given it and any improvements or modifications you have made. In the event of a total loss, you will recieve the full agreed value, less any applicable excess.
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