Written Question·Treasury·UIN 21046

Motor Vehicles: Excise Duties

Tabled: 18 December 2024
Answered: 8 January 2025

Question

James Wild

ConservativeNorth 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 Murray
As 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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