Anyone else seen this today? Published in the telegraph and on the autoexpress website.

http://www.telegraph.co.uk/news/9582183/Gas-guzzling-sportscars-to-receive-purchase-tax-of-up-to-23000.html

Its probably just a pipe dream but it could add about £4000-5000 to the purchase price of octys like a Vrs/Scout. On the other hand revenues from VED are falling fast as the CO2 emissions on typical new cars fall all the time so I could see it happening in the not too distant future.

On the plus side if you keep your car for over 20 years then at that point (would have been 21 years on my octy Tdi 4x4 according to auto express figures of £50 per g of co2 over 94g/km) then you would be better off than with the current system

Direct quote, which IMO tells us all we need to know about the quality of the work in producing this piece:-

"Annual VED charges currently raise almost £6 billion a year for the Treasury, but official forecasts show that the revenue from the tax will fall as more people chose to drive low-emission cars."

The author actually means "fuel duty".

I wouldn't have thought 6 bilion was that far off from VED. I'm sure I read some where that there are about 30 million cars on our roads. Assuming average VED is £200 per vehicle that would be 6 Billion as per the article.

Bah!

I have yet to see a substantial argument against merging VED into fuel duty, permitting those that use more and emit more to pay more tax, in proportion to their use, and the release of a load of bureaucracy and civil service jobs from Swansea.

Bah!

I have yet to see a substantial argument against merging VED into fuel duty, permitting those that use more and emit more to pay more tax, in proportion to their use, and the release of a load of bureaucracy and civil service jobs from Swansea.

Absolutely, I agree. The only fair way to do it. Abolish VED and load it onto fuel duty so Mr average miles/year driving an average car is no worse off than he is now.

What is more likely is an Increase in VED or introduction of a sales tax on new cars according to emmissions (as per the article) combined with increased fuel duty and then the sprinkles on top will be the introduction road pricing too!

Motorist has always been an easy target.

It's a think tank report. Who pays for think tanks? Which companies would pay them to produce this report? Of course not officially linked to any political party, those running think tanks can take money from whoever offers it to them. Then the politicians can pay themselves as advisers to the think tank on particular subjects, and it's all above board. And it's not corrupt. At all.

Meh will never happen. Too many politicians pals drive big motors.

If they shift it they'll put it on fuel.

I wouldn't have thought 6 bilion was that far off from VED. I'm sure I read some where that there are about 30 million cars on our roads. Assuming average VED is £200 per vehicle that would be 6 Billion as per the article.

Quite correct - it even says so on the DVLA's business plan for 2012-2013 -> http://www.dft.gov.uk/dvla/BusinessPlan2012-13.aspx

IIRC, fuel duty is 5-6 times VED - couldn't find a current figure, but for 2009, it was £25.894 billion with an additional £3.884 billion from the VAT on top of that.

FWIW, I like the current system - just paid £100 for 12 months VED

Chris

About 10 years ago the sum was less than 1p/litre would be needed to cover an average car doing 12000 miles a year. Those like me who does over 40k through work would naturally pay more.

So why no do it, as it would cover ANYONE buying fuel and driving on our roads including all the unregistered, non VED paying eastern EU vehicles on our roads where people move here yet keep them registered in their home country.

About 10 years ago the sum was less than 1p/litre would be needed to cover an average car doing 12000 miles a year. Those like me who does over 40k through work would naturally pay more.

So why no do it, as it would cover ANYONE buying fuel and driving on our roads including all the unregistered, non VED paying eastern EU vehicles on our roads where people move here yet keep them registered in their home country.

I think its closer to 10p/litre as (approxiamtely and we're talking orders of magnitude not exact figures) 50 billion litres of fuel bring in that £25bn of duty

I think its closer to 10p/litre as (approxiamtely and we're talking orders of magnitude not exact figures) 50 billion litres of fuel bring in that £25bn of duty

It's was more working on the average ved divided by mpg based on the 12k. Many business users will do 3x this. Then there's every non UK vehicle buying fuel who don't pay road tax so that'd surely mean a bigger windfall for the treasury than at present.

Only issue is the foreign truckers tank up before getting on the ferries to Dover and Hull. And those big lorries have some serious range. I believe they're going to introduce a fee foreign goods vehicles have to pay upon entry to the UK, as domestic based hauliers have been crying out about this for years.

But that problem exists under the current system anyway.

Edited 6 October, 201213 yr by ckyliu