Road Fuel Duty - Making up the Shortfall - ?

[simongt]

With the Govt. hell bent on getting us all to convert to EVs, Wonder how they're going to make up the shortfall in income; currently around £24 billion annually, when far fewer folk will buying road fuel - ?
Or haven't they though of that one - ?
Maybe hammer HGVs until someone develops one with a big enough battery - ?

 

[ianrauk]

Aren't they bringing in 'tax' for leccy vehicles in 2025?

 

[Drago]

Do a forum search for "the Drago quotient."

 

[cougie uk]

Aren't they bringing in 'tax' for leccy vehicles in 2025?

Quick calculation would be make the "road tax" 750 quid for each car on the road.

I suspect they'll do something based on mileage?

 

[Slick]

Can't see it being much of an issue as if they are ever faced with any kind of predicted shortfall, they will just tweak whatever tax they think they can get away with to make up the difference.

It was interesting listening to the chancellor this morning as he tried to announce some good news without actually promising anything.

He's quite right of course, it all depends on growth.

 

[classic33]

https://www.gov.uk/government/publi...-emission-cars-vans-and-motorcycles-from-2025

 

[Bristolian]

https://www.gov.uk/government/publi...-emission-cars-vans-and-motorcycles-from-2025

The introduction of VED for electric vehicles just levels up the playing field vs fossil fuelled vehicles. It does nothing to address the drop in fuel duty that those fossil fuelled vehicle owners are currently paying.

TBH, the only answer I can see that is fair to all and ensures the government raises sufficient taxes is pay-per-mile. That, however, raises other questions.

 

[Drago]

Pay per mile would be fantastic. It might put an end to antisocial and frivolous car use.

 

[Grant Fondo]

Big jump for EV owners next year? £nil to £600 if costs over £40k, which is probably quite a lot of them.

 

[Bristolian]

Big jump for EV owners next year? £nil to £600 if costs over £40k, which is probably quite a lot of them.

And they can't say they didn't know it was coming either

 

[fossyant]

Pay per mile would be fantastic. It might put an end to antisocial and frivolous car use.

All for it.

 

[Aristotle Kristatos]

Well I think car owners who cycle should get free tax miles in relation to how many miles they cycle.
Say 5 miles in the car for every 2 miles cycled..

 

[simongt]

It's just beyond belief that the Chancellor of the Exchequer, who is supposed to be a whiz at financial planning , doesn't appear to have a clue about making up shortfalls when such things a 'zero VED for EVs' and more EVs means less road fuel used.
Don't get me started - !

 

[Drago]

Looks like tanker drivers may be about to strike for more pay. Queue panic buying induced shortages. Have fun!

 

[Jameshow]

Looks like tanker drivers may be about to strike for more pay. Queue panic buying induced shortages. Have fun!

Esp Hoyer!

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