The Government has admitted in a new report that tax revenues are at significant risk from the switch to electric vehicles (EVs).
Transport Committee says Government cannot ignore “fiscal black hole” from falling fuel duty receipts.
Former Government advisor Professor David Begg claims the seven-year freeze on fuel duty has caused an extra 4.5 million tonnes of CO2 emissions, in new report.
The Petrol Retailers Association (PRA) has written to the Chancellor urging him to not just freeze, but cut fuel duty by 5ppl in the Autumn Budget this month.
OPEC production cut, Trump election and Article 50 to blame for rises
Fuel prices in the UK are set to rapidly rise following the middle east's OPEC decision to cut production.
The fleet industry has won a partial reprieve on salary sacrifice, with ultra-low emission vehicles excluded from changes announced in the autumn statement.
The fleet industry has welcomed the continuing freeze in fuel duty after the Chancellor George Osborne cancelled the inflationary rise due next month.
Four out of five motorists believe the tax burden on fuel is already too high even before the Chancellor decides whether or not to increase fuel duty.
The impending sale of the M6 toll road and rise in ULEVs has reignited the debate over alternative taxation models and pay-as-you go road pricing.
Treasury accounts reveal tax take is budgeted to increase
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