Motor Vehicles: Excise Duties

(asked on 4th July 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much revenue accrued to the public purse in Vehicle Excise Duty on cars registered in London in each of the last three financial years; and what estimate he has made of the amount of that revenue which will accrue to the public purse in the next two financial years.


Answered by
Robert Jenrick Portrait
Robert Jenrick
This question was answered on 9th July 2019

The government does not collect Vehicle Excise duty (VED) data by region as place of registration has no bearing on road usage. For example, many company vehicles will be registered at a head office, but kept and used elsewhere.

The OBR publishes forecasts for national receipts in its Economic and Fiscal Outlook, available at the following link: www.obr.uk/efo/economic-fiscal-outlook-march-2019/

From 2020, English VED revenue will be hypothecated to the National Roads fund to deliver nationally significant schemes across the strategic road network, such as improvements to the M25.

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