Fuels: Excise Duties

(asked on 21st October 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will allocate a proportion of fuel duty receipts to the repair of roads.


Answered by
Damian Hinds Portrait
Damian Hinds
This question was answered on 2nd November 2015

At the Summer Budget the government announced the creation of a Roads Fund so that from 2020 all money raised from VED in England will be invested in the Roads Fund and used to improve the English strategic road network. The latest figures for VED revenue can be found in Table C.3 of Summer Budget 2015, which can be found here https://www.gov.uk/government/publications/summer-budget-2015. Revenue raised for previous years can be found in the relevant Budget document.

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