Written Question·Treasury·UIN 21046
Motor Vehicles: Excise Duties
Tabled: 18 December 2024
Answered: 8 January 2025
Question
James Wild
Conservative — North West Norfolk
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of increases in (a) vehicle excise duty and (b) the HGV road user levy on the logistics industry.
Answer
James MurrayAs announced at Autumn Budget 2024, from 1 April 2025, Vehicle Excise Duty (VED) rates for Heavy Goods Vehicles and the Heavy Goods Vehicle (HGV) levy will be uprated by Retail Price Index for 2025-26. This means rates will remain unchanged in real terms ...
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