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uk motoring tax
Motoring taxation in the United Kingdom consists primarily of vehicle excise duty (commonly known as VED, vehicle tax, car tax, and road tax), which is levied on vehicles registered in the UK, and hydrocarbon oil duty (normally referred to as fuel tax), which is levied on the fuel used by motor vehicles.
VED and fuel tax raised approximately £32 billion in the 2023/2024 fiscal year, with some further money raised from the value added tax on fuel purchases. Fuel duties and VED representing over 3% of total UK taxation. This was 7% in the 2011/2012 fiscal year.
Road pricing, in the form of congestion charges, is in place in London and Durham. However these are generally viewed as usage charges rather than as tax for legal purposes although this interpretation is disputed by the US and some other embassies in relation to the London congestion charge.
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VED and fuel tax raised approximately £32 billion in the 2023/2024 fiscal year, with some further money raised from the value added tax on fuel purchases. Fuel duties and VED representing over 3% of total UK taxation. This was 7% in the 2011/2012 fiscal year.
Road pricing, in the form of congestion charges, is in place in London and Durham. However these are generally viewed as usage charges rather than as tax for legal purposes although this interpretation is disputed by the US and some other embassies in relation to the London congestion charge.
View More On Wikipedia.org