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#fuelduty

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'Tax and spending cuts will backfire, economists warn Jeremy Hunt
Former Treasury aides say the chancellor is courting danger on UK debt and that fiscal rules must go'

theguardian.com/politics/2024/

'around £5bn is expected to be accounted for by freezing fuel duty again'

The Guardian · Tax and spending cuts will backfire, economists warn Jeremy HuntBy Toby Helm
#tax#debt#UK

'Running a car is the single largest household expense (excluding mortgage repayments) for rural families, and the second largest for urban ones.'
'freezing fuel duty has done little to alleviate transport poverty. Despite costing £100 billion in lost revenue over the last 12 years, the fuel duty freeze has decreased poverty by just 0.3 percentage points.'

eta.co.uk/2023/11/15/transport

ETA · Transport poverty: Cars are making us poor | ETARunning a car is the single largest household expense (excluding mortgage repayments) for rural families, and the second largest for urban ones. As a
#UK#cars#motorists

The FT's focus on #taxation has moved on to the taxation of motoring;

As they point out (currently) zero-rated #electricvehicles count for around one in six car sales & #fuelduty accounts for around 2% of all Govt. revenue; with no other changes the shift to EVs erodes the UK effective tax base.

FT's solution is mile/road pricing. To manage this shift they suggest running the two systems in parallel with the latter managed via EV's internal software reporting.

Q. is: who could sell this idea?