Forecasts from the Office for Budget Responsibility predict tax revenues from duties will fall by £13bn a year, at current prices, by 2029, as cars become electrified and more fuel-efficient.
This made me laugh, in irony really. So because the public are trying to go green and make things abit easier regarding their finances it’s now being looked into as to how to tax drivers in other ways? As you said, may aswell just buy a jag.
Under the plans, companies would lease motorways and trunk roads from the government, maintaining and perhaps improving them by adding lanes, for which – as long as they meet targets – they would be entitled to a share of road taxes.
I don’t understand the last part. Are they suggesting that we still pay taxes to the government to lookafter our roads eventhough they plan to lease the roads to private companies to run and maintain them?
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