Budget predicition

Stevie Dakota

So who thinks there will be a scrappage scheme?

peasant

Me

I think you can scrap the idea of filling up with petrol for under 1.20 from Wednesday onwards

tomred1

peasant wrote: »

Me

I think you can scrap the idea of filling up with petrol for under 1.20 from Wednesday onwards

Do you think they will put over 10c on petrol?

Stevie Dakota

I just hope they put a tax on texting while driving.

peasant

I don't know ... but it wouldn't surprise me.

A scrappage scheme is a daft idea IMO

Cionád

Scrap perfectly good cars to import brand new ones. Yay.

Oh but it gets you an extra 3mpg than your old car! Wow! How much co2 did you expel in order to forge those parts & transport them halfway across the world?

I reckon there will be 20 cent on both fuels, easily.

mike65

Road tax up 10%, fuel duty 10c at least on petrol 5c on derv, Tolls up (special government levy style).

igglou

I reckon they might do away with the CO2 emissions based motor tax and revert to the old engine size tax because they are loosing a fortune. I'm hoping I'm wrong as I just purchased a new 520d in Jan with yearly tax of €150!!

Cionád

igglou wrote: »

I reckon they might do away with the CO2 emissions based motor tax and revert to the old engine size tax because they are loosing a fortune. I'm hoping I'm wrong as I just purchased a new 520d in Jan with yearly tax of €150!!

lol there is no chance of them doing that. They are more likely to lower the co2 rates for each tax band if anything.

10% increase in tax quite possible too.

Stevie Dakota

It seems to working in Germany. For example on a Renault Laguna Touring there is €4000 from Renault, €2500 from your dealer, maybe €2000 from the government, that's €8.5K off. If that can't kick start things we are all doomed.

igglou

I would agree with that if the gov thought that by getting back on track they need to encourage more spending hoping that people would get out and buy more cars but unfortunately they prefer to try taxing their way out of the recession.

Stevie Dakota

But every car they sell is helping to tax their way out, what % of a car sale goes to Government in tax?

mike65

About 50% before the Co2 VRT came in, still big whatever it is.

igglou

They don't get as much as they did before the CO2 changes as the VRT is affected by this. Also if they hit people in the pocket with more income levys and higher income tax, there will be very few going out to buy new cars so they will stick with what they already drive. Motor tax has to be (should be ) paid so its guaranteed revenue rather than the hope that people might buy new cars.

Again, I'm most likely wrong but just a thought

Mena

mike65 wrote: »

Road tax up 10%, fuel duty 10c at least on petrol 5c on derv, Tolls up (special government levy style).

Damnit, picking up my 2.2l 5 series this evening... what are the chances of getting in before any increase... :mad:

iMax

They should put the motor tax into the price of fuel. ensures it's paid

Saab Ed

My tuppence:

10% ish up on road tax , fuel duty and VRT rates .

VRT rates on pre 08 imports to return to the old VRT system

Income tax brackets will be expanded both up and down and the percentage taken across all will be slightly increased.

VAT down to 14,16 or 18%

Extra green taxes on very heavy emiters.

Dole down.

And we all live happily ever after

bladespin

Oh yes, lots of lovely VRT pleeeeaaaaaaaaaaassssssssssseeeeee

L-M

Never was a gambling man, but I'd but 2k that there will be alot of angry motorists come Wednesday. Thank god, just taxed the car last week:P

-Chris-

I think there'll be a scrappage scheme, but I can't vote on this poll - I refuse to push the option that says "this Government is stunningly progressive".

I just can't do it!

Bandara

they is gonna smash the sh!te out of fuel I reckon. I've just ordered 120k of the stuff so if I'm wrong its going to be a real pain in the arse

galwaytt

peasant wrote: »

A scrappage scheme is a daft idea IMO

I dunno, I have a 'ripe' 02 Mazda........ahem...:rolleyes:

galwaytt

igglou wrote: »

I reckon they might do away with the CO2 emissions based motor tax and revert to the old engine size tax because they are loosing a fortune. I'm hoping I'm wrong as I just purchased a new 520d in Jan with yearly tax of €150!!

I reckon they'll click on 'undo' on a lot of those advantages. To keep the tree-huggers happy, the new CO2 regime will stay, but they'll bump the actual rates way up, much closer to the old cc-based ones. Cake and eat-it syndrome. I cannot see how they will allow €150 tax on the likes of new 5-series to continue, when an 'old one' (07 or earlier) would be Eur 700. Money for jam, really.

Vim Fuego

I think there will be some form of scrap scheme. My contacts working for some manufacturers here are preparing for one anyway.

I also taxed my car the other week.....decided to pay for the entire year in case of a massive hike. Petrol/Diesel will be hiked a good 10% I'd say, fill her up tonight!

pablosd

well its hard to predict, but they should cut down vrt and keep the taxes the same but reduce tax road a bit. Bringing up taxes isn't going to improve situation, they need to get people to buy more stuff again especially cars, theres serious money in that. Remember few years back, everyone was getting new cars all the time, it was mad, but economy was thriving....
bsides cars are not the main pollutants, food manufacturing factories are apparently the worst polluntants in every country. they could also put road taxes on politicians cars as they have the big engined cars and are tax exempt...

roosterman71

I think the CO2 based system will change. As another poster pointed out, a 520 with €150 motor tax is crazy, when a small 1.3/1.4 car could be over €400!

There'll be an increase on fuel -5c petrol and maybe 10c on diesel. However, the hauliers won't be happy so expect a truckers protest.

VRT will most likely go up too to match the motor tax increases.

VAT will come back to the 21% it was originally at.

Maybe a scrappage scheme, but if all other taxes go up, people still won't buy cars in huge numbers. Their 9/10 year old passion wagons would still have plenty of life in them. it will also mean trade-in values will go down. if people could trade in for a decent price, new cars sales wouldn't be down as far.

In non motor news, the levy will go up till October when they'll abolish it and increase standard income tax.

Thats my thinking. I'm going to enjoy today as I'm richer today than I will be tomorrow

pburns

peasant wrote: »

I don't know ... but it wouldn't surprise me.

A scrappage scheme is a daft idea IMO

Cionád wrote: »

Scrap perfectly good cars to import brand new ones. Yay.

Oh but it gets you an extra 3mpg than your old car! Wow! How much co2 did you expel in order to forge those parts & transport them halfway across the world?

I reckon there will be 20 cent on both fuels, easily.

Seems to me all these incentives to kick-start the car industry (both at Irish and Euro level) and the 'green' agenda are completely at loggerheads. Incentivising new car sales is a step backward in environmental terms but this is NEVER reported in the mainstream media...

Stevie Dakota wrote: »

It seems to working in Germany. For example on a Renault Laguna Touring there is €4000 from Renault, €2500 from your dealer, maybe €2000 from the government, that's €8.5K off. If that can't kick start things we are all doomed.

I don't really give a crap about kick-starting things. Whole industry needs to be rationalised especially in Ireland.

Mycroft H

Saab Ed wrote: »

VAT down to 14,16 or 18%

Not a hope. This did not work in the uk. It did not stimulate spending there so we will not see a decrease here.

If anything we will see 23% vat and 15% on services.


Old style motor tax will go up by 5-10%

I cant see a 60% super tax band, but more sneaky levies.


They will hit the weakest and there will be mass protests

Owen

landyman wrote: »

They will hit the weakest and there will be mass protests

There won't be any mass protests. There will be the usual small organised ones where people march, or bring Tractors into the city, and hand a letter to their TD, who will go for a dump, and wipe his arse with it.

If you want an idea on how to protest, watch the French. They've it down to an art.

mik_da_man

I really hope they don' adjust the motor tax bands.

My car is just due to be taxed and is sitting @ 225 g/km
If this shifts one gram I'll end up paying at least double what i'm paying now
which is €1050

I hope they dont change them and think they mightn't as the same scale seems to be used in the UK also if not further afeild...

If they increase taxes (road and income) much that'll put me off buying my next car. thus loosing revenues for them....

Stevie Dakota

ned78 wrote: »

There won't be any mass protests. There will be the usual small organised ones where people march, or bring Tractors into the city, and hand a letter to their TD, who will go for a dump, and wipe his arse with it.

If you want an idea on how to protest, watch the French. They've it down to an art.

LOL! I am setting up a business (www.frenchtruckersforhire.com) whereby I ship in container loads of French truckers to kick things off big style, rent a mob if you will. Say what you will about our French friends and their cars but there is no-one better when you need a government brought to its knees. Cowan and Co wouldn't have a chance.

EPM

Motors Meet outside leinster house to protest at...everything?

Can see old road tax rates increasing for sure by about 10%. I think a system needs to be introduced where expensive vehicles have a Levy (however small) on their road tax - I dont think it would make the slightedt bit of difference to anyone buying a new 5-series if it was in band A or B.

I will certainly be filling my tank up lunchtime and smoking my brains out while I still can

UhOh

if they had sense they'd be thinking addition by subtraction i.e. instead of just shafting motorists again they should be doing all they can to get people back in garages buying more cars & thereby earning more money....

but as we all know they have no sense so I dont expect that to happen.

can't see them moving the band limits for C02 road tax. The limits are standard across Europe.

That said I'm off to fill up the tank while I can still get 1.03/litre

-Chris-

Question for you all - slightly OT, but in the spirit of the thread...



I bought a car yesterday for the missus that ran out of tax at the end of March.
Normally I'd just wait for the ownership change to go through and get the new docs before taxing the car, but I'm conscious of the budget being on today.
The question is, if Lenihan announces an increase in motor tax in the budget today, when will it come into effect? Should I manually tax the car today to beat any increases or will there be a bit of a lead-in to any change?

Cheers!

Saab Ed

:rolleyes: I'd say tax it today

And the Irish times today has this

" The Cabinet has not decided to introduce a car scrappage scheme."

from this article http://www.irishtimes.com/newspaper/breaking/2009/0407/breaking4.htm

Anan1

I think increases are usually from the start of the following month, ie from 1st May.

PauloMN

From that Irish Times article:

Several hundreds of millions will be cut from the non-national roads budget and a number of rail projects will be affected.

Since when were they building roads for non-nationals? Bloody immigrants. :mad:

Padraig Mor

Hammertime wrote: »

they is gonna smash the sh!te out of fuel I reckon. I've just ordered 120k of the stuff so if I'm wrong its going to be a real pain in the arse

You've bought this at the 'old' lower price presumably - will you be selling it at the old margin or will you be selling it at 'post budget' prices?

L-M

Padraig Mor wrote: »

You've bought this at the 'old' lower price presumably - will you be selling it at the old margin or will you be selling it at 'post budget' prices?

HAH!! I'd say chance would be a fine thing*

*If you are selling it at the lower price Hammertime, i retract that statement :P

galwaytt

Saab Ed wrote: »

:rolleyes: I'd say tax it today

And the Irish times today has this

" The Cabinet has not decided to introduce a car scrappage scheme."

from this article http://www.irishtimes.com/newspaper/breaking/2009/0407/breaking4.htm

That says, "has not decided....(to introduce a scrappage scheme)"

Which is not the same thing as " decided not to introduce...(a scrappage scheme)."

So, that's that cleared up, then :rolleyes: :rolleyes:

rebel.ranter

Scrappage scheme in the guise presented is of no use. Why scrap a perfectly functional car? Would the Greens allow that? Seems retarded to me.

My predictions:

10% on road tax

15c per litre on petrol & diesel

VAT - reduction to UK levels

VRT - no change

(non motoring then would be 2% extra in each tax band, a property tax returning us to a rates situation, an extra temporary 1% levy until January until they can implement the 3rd tax band in all the software packages out there, increased excise on alcohol, cigarettes will be left alone)

Why are these all the targets? Cos it is the easy way out.

rebel.ranter

AudiChris wrote: »

.......Should I manually tax the car today to beat any increases ....

I would say yes, think of the queues for the petrol when the increases are announced, it will be the same when the road tax increase comes, besides you are gonna have to pay it sometime anyway.

ShooterSF

iMax wrote: »

They should put the motor tax into the price of fuel. ensures it's paid

Yay road trip up north for my petrol Might even fill some of those canisters.

.Longshanks.

rebel.ranter wrote: »

Scrappage scheme in the guise presented is of no use. Why scrap a perfectly functional car? Would the Greens allow that? Seems retarded to me.

My predictions:

10% on road tax

15c per litre on petrol & diesel

VAT - reduction to UK levels

VRT - no change

(non motoring then would be 2% extra in each tax band, a property tax returning us to a rates situation, an extra temporary 1% levy until January until they can implement the 3rd tax band in all the software packages out there, increased excise on alcohol, cigarettes will be left alone)

Why are these all the targets? Cos it is the easy way out.

Today FM news saying no increase in petrol anticipated but +5c on diesel

jimmycrackcorm

ShooterSF wrote: »

Yay road trip up north for my petrol Might even fill some of those canisters.

Followed by a "Travel" tax for cars entering the north to make up up for the loss of fuel tax.

Owen

I'm not sure about the VAT readjustments. They were saying yesterday that they might move a few items into the 13.5% VAT bracket, but overall that the 21.5% is necessary to replenish the coffers.

SachaJ

Sure I'll have a bash.

+10c on fags

+10c on petrol & diesel (with perhaps a rebate system for truckers)

+1% tax levy but no change of tax rate or bands as not end of tax year

+10% hike in car tax prices

+10% on that flight charge

I could see them scrapping VRT for new cars bought in ROI and staying same for imported cars. The EU would have a **** fit at this one but I'm sure the government is not bothered

VAT is a tough one to call. There would be war if it went up and not enough to gain by lowering it.

The question is though - will the budget pass the vote? Everyone but FF will vote against it and if there's enough to piss off the independants it might not pass. I could see FG calling for a vote of no confidence at some stage but that might fail too.

L1011

The Hegguld seems fairly certain in its guesses of 5c on diesel, nowt on petrol, 2pc on the "income levy"...

Stevie Dakota

Here we go, I've got my popcorn and coke at hand, ah feck it, I think I'll just have a nap.

Did someone say scrapping VRT!!!?

Owen

lol @ StevieD, you'll have them out with the pitchforks!

roosterman71

Tea and Radio 1 for me here now. Downing tools too for this speech