UK Drivers Pay Three Times More on Motoring Taxes

The latest news figures that, UK government takes more than three times on motoring taxes than what it is actually spending on roads. In 2010, fuel taxes have raised around £27 billion for the treasury, in which about £5 billion is figured only from vehicle excise duty (VED). The Department for Transport (DfT) has showed that in the year 2010-2011, government has spent £5.7 billion on local roads and £3.75 billion on national roads. It is also showing that £7.6 billion was spent on the railways, and £4.9 billion was spent on local public transport. Thus figures shown by the DfT on total public spending in the UK, was £22.9 billion in 2010-11, including capital spending by public corporations.

After looking at the statistics, The Department for Transport in UK added that the overall cost of motoring, including tax and insurance, petrol and oil has risen slowly than the cost of living, measured by Retail Index Price (RPI). DfT also figured that, VED evasion for 2011, which reveals that around 249,000 vehicles are down from an estimated figure of 307,000 for 2010. Thus resulting in an estimated amount of around £40 million in Britain in 2011-12, down from the figure of £46 million in 2010-11.

Finally it is concluded that the victims of tax hikes in UK are the poor motorists. It has become a business as usual for UK drivers who contribute more than three times what they receive in service. At last the government has listened to the concerns of various organizations for motorists and promised to deliver support worth more than £4.5 billion over two years.

Moreover petrol and diesel will be10 pence cheaper per liter, and the national infrastructure is planning to invest over £1 billion in tackling congestion and improving road network.