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The tax horsepower or taxable horsepower was an early system by which taxation rates for automobiles were reckoned in some European countries such as Britain, Belgium, Germany, France and Italy; some US states like Illinois charged license plate purchase and renewal fees for passenger automobiles based on taxable horsepower.
VED and fuel tax raised approximately £32 billion in 2009, a further £4 billion was raised from the value added tax on fuel purchases. Motoring-related taxes for fiscal year 2011/12, including fuel duties and VED, are estimated to amount to more than £38 billion, representing almost 7% of total UK taxation .
Fiscal horsepower was used in the UK, as in other European countries, by government to determine how much tax they would levy on the cars’ owners. It was differently defined in each country: the common feature was that there was no arithmetical correlation between tax horsepower and actual horsepower.
Tax or fiscal horsepower is a non-linear rating of a motor vehicle for tax purposes. [20] Tax horsepower ratings were originally more or less directly related to the size of the engine; but as of 2000, many countries changed over to systems based on CO 2 emissions, so are not directly comparable to older ratings.
Motoring taxation in the United Kingdom (2 C, 17 P) T. Toll (fee) (4 C, 29 P) Toll roads (8 C, 15 P) Pages in category "Vehicle taxes" ... Tax horsepower; Taxe poids ...
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A 1934 Standard 10/12 Speedline. The Standard Ten was a model name given to several small cars produced by the British Standard Motor Company between 1906 and 1961. The name was a reference to the car's fiscal horsepower or tax horsepower, a function of the surface area of the pistons.
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