Fleet News

Spend motoring revenue on road network, says MD

CASH collected from motoring taxes should be reallocated to improving the UK's under-resourced road network and transport infrastructure, according to Bob Rider, managing director of Masterdrive Leasing & Rental. In 1996/97 the Government collected £30.5 billion in vehicle excise duty, tax on the private use of business cars, VAT on cars and fuel and fuel duties with about a quarter being spent on road transport.

In joining the increasing calls for more of the cash collected from motoring taxes to be spent on roads and transport Rider said: 'This Government has inherited a mess from its predecessors. What a difference it would make if a significant proportion of motoring tax revenues were regularly dedicated to the UK's road and rail network.'

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee