Go Back   The 75 and ZT Owners Club Forums > Social Forums > Social Forum
Register FAQ Image Gallery Members List Calendar Mark Forums Read
Notices

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 16th November 2020, 08:53   #1
Darcydog
This is my second home
 
Join Date: Jul 2014
Posts: 5,428
Thanks: 3,123
Thanked 3,170 Times in 2,096 Posts
Default Road charges to fill £40bn black hole?

It seems the penny might have finally dropped re the use of electric cars and the governments now stated aim of no more petrol/diesel cars sold after 2030.

It seems they have woken up to the fact that this puts at risk the tax revenue they take from us petrol/diesel heads.

Broken down this brings in £27.5bn pa in Fuel duty

Vehicle Excise Duty brings in £7.1bn

And VAT on fuel brings in £5.7bn

The Institute of Fiscal Studies reported that this was a “huge long-run fiscal challenge to government” in that the stated desire to cut carbon emissions to net zero by the middle of the century “means that revenue from fuel duty will completely disappear over the next few facades”.

Road charging seems to be the most likely option. My son bought a widget that sits on his dashboard and when he travels in France on toll roads, the tolls are automatically counted and he is billed each month.

He says it works well.
Darcydog is offline   Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 14:48.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Copyright © 2006-2023, The Rover 75 & MG ZT Owners Club Ltd