Vehicle owners must cough up for new CO2 tax
- Filed under: Horse Racing News, Horse Racing Results, Horse Racing Tips
- Date: Oct 21,2009
| Sourced From Busrep.co.za |The public will bear the brunt of the imminent ad valorem carbon-dioxide emissions tax on new vehicles that will come into effect in March 2010 as automakers pass on the price increase of between two and eight percent.The increases will dent affordability and suppress the expected recovery in the new-car market from early 2010.The budget review in February said better fuel-efficiency was important to reduce “greenhouse gas” emissions and suggested the existing ad val
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