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Motor Vehicles: Excise Duties

Question for HM Treasury

UIN 12805, tabled on 21 October 2015

To ask Mr Chancellor of the Exchequer, if he will allocate a proportion of road tax receipts to the repair of roads.

Answered on

2 November 2015

At the Summer Budget the government announced the creation of a Roads Fund so that from 2020 all money raised from VED in England will be invested in the Roads Fund and used to improve the English strategic road network. The latest figures for VED revenue can be found in Table C.3 of Summer Budget 2015, which can be found here Revenue raised for previous years can be found in the relevant Budget document.

Answered by