According to one of the broadsheets today, if the chancellor implements input VAT on Motability cars, it will increase the average cost of a lease by £6,500 plus. In other words, she’s cutting the benefits to those disabled people by at least £2,000 pa?
How many people on here could afford to pay that, given those also on UC start losing benefits, when they have over £6,000? I suspect the number of people who would be able to afford a car, could drop off a cliff? 1,700 are employed in Motability - many of them could lose their jobs. If the second hand car market loses all those well maintained, fairly low mileage cars, that will put up the price of the remaining second hand cars, due to the law of supply and demand.
It really is disgusting that the government targets some of the most disabled and impoverished people in society to fill its black hole in public finances - because the government is run by people with no business experience and don’t think through the ramifications of their stupid ideas?
Who would have thought increasing employers NI would mean redundancies, freezes in recruitment, more inflation and a crisis in the care sector, with fixed incomes and high staff costs? Anyone who runs a business, but not the chancellor!