Written Question·Treasury·UIN 29032
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, if she will make an estimate of the additional unit cost of processing vehicle tax payments on periods shorter than one 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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