Written Question·Treasury·UIN 29031
Motor Vehicles: Excise Duties
Tabled: 5 February 2025
Answered: 13 February 2025
Question
Jerome Mayhew
Conservative — Broadland and Fakenham
To ask the Chancellor of the Exchequer, for what reason there is a surcharge on vehicle tax payments on periods shorter than a year.
Answer
James MurrayVehicle Excise Duty (VED) can be paid annually, or in monthly or 6-monthly instalments. Revenue from motoring taxes helps to fund vital public services and infrastructure, including investment in roads and transport. The cost to the exchequer is higher wh...
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