What May be Ahead for Motorists in Budget 2025?
A new tax strategy paper published this week on Energy and Vehicle Taxation outlines what may be included in Budget 2025 writes Geraldine Herbert 1. Phasing Out the Diesel Excise Gap The Diesel Excise Gap refers to the lower tax rate on diesel compared to petrol in Ireland. Various bodies, including the Climate Change Advisory Council and the European Commission, have advocated for equalizing these rates due to environmental and...
The EU’s Battle Against Chinese EV Subsidies
To protect its automotive industry from the competitive pressures posed by state-subsidized Chinese electric vehicles (EVs), the European Union (EU) launched an unprecedented investigation into government support for these imports writes Geraldine Herbert The investigation was initiated by European Commission President Ursula von der Leyen, who announced it on September 13, 2023, during her State of the Union address. The probe was...
