For All Vehicle Claims
 
Fuel Funding Fears

Fuel Funding Fears

As drivers move to electric vehicles and the intention for these to be the only cars sold by 2030, the consumption of tax-heavy fossil fuels will reduce as lower excise licence (‘tax’) costs are associated.  This does not bode well for the Treasury’s £40billion annual income.

The Transport Select Committee’s inquiry on road pricing is open until 17/02/2021. For more details and to submit comments click here.