It has been reported that the Government are considering plans to charge drivers for using the roads in Britain.
Should you be charged for driving on Britain’s roads? The move has been contemplated by Chancellor Rishi Sunak to make up a shortfall of £40 billion in lost taxes due to the increased use of electric vehicles. The M6 in the Midlands is the only major toll road in the country, with fees also being charged for using some tunnels and bridges. Sunak is allegedly “very interested” in the idea of a national road use pricing scheme according to reports although it remains unsure how the pricing will be structured.
The price of duty on fuel currently stands at 57.95p per litre purchased and this figure has not been increased since March 2011. According to the Institute of Fiscal Studies this brings in £28 billion a year while VAT on fuel and vehicle excise duty also gives money to the Treasury. In a bid to reach zero carbon emissions by 2050 a proposed ban on the sale of new petrol and diesel vehicles has been brought forward to 2030.
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