May 16, 2022
This report from UK think tank the Social Market Foundation looks at road pricing as a fairer form of motoring taxation.
This report from Social Market Foundation think tank sets out a fairer motoring taxation regime, through a nationwide road pricing system As we transition towards electric vehicles that don’t incur fuel duty, the Treasury faces a revenue loss of £30bn each year. Given the unpopularity of fuel duty, this report explores the case for introducing a nationwide road pricing system in the UK – setting out a model that is fairer than fuel duty, replaces lost tax revenue, and reduces the burden on low-income households. It would charge you a flat rate per mile, with a handy free mileage allowance. Recommendations – so that road pricing addresses unfair tax burden, increasing congestion due to EVs, and public trust in motoring taxation, Government should: