With growing costs of living and evolving government policies, senior citizens may encounter new tax implications when purchasing a recent release car in upcoming years. Current guidelines regarding vehicle purchases for individuals over the age of 70 are under review by legislative bodies, and significant changes are expected. This situation could… Read More

As older adults plan for the future, it's crucial to be aware of upcoming changes that could impact their finances. In 2025, a revised car tax will be implemented, and seniors need to understand how this will impact them. While the specifics of the new tax are still being finalized, there are some potential consequences that seniors should conside… Read More