Submitted on Wednesday 11th March 2015
Published on Monday 16th March 2015
Current status: Closed
Closed: Monday 30th March 2015
Signatures: 1
Scrap Vehicle Excise Duty and add lost revenue on to fuel
Remove the current, unfair form of vehicle excise duty and add lost revenue on to the price of fuel as an additional form of fuel duty. The change would save millions of pounds in administration costs and save motorists unnecessary hassle. There would be no costs in policing or enforcing non-payment as no one could avoid it.
Based on rough calculations, the average motorist doing 10,000 miles per annum would pay around £100 more each year on their fuel bill whilst saving a similar amount from the removal of VED.
The change would also boost consumer spending on classic/leisure vehicles, the cost of £225 per year per vehicle covering only a few hundred miles puts many off the prospect of ownership.
I require a 4x4 for my work on rare but necessary occasions and the VED costs me more than the fuel does.
Foreign vehicles would also be contributing when filling up at UK pumps, rather than using our roads for free.
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