posted by admin on Jul 8
The RAC Foundation claims that the Treasury plans to raise over £2 billion from Britain’s road users before 2011. This means that motorists will be taxed four times as much than would be saved by persuading the Chancellor to drop the 2p October fuel duty increase. The RAC Foundation is urging the Treasury to carry out a root and branch review of motoring taxation, taking account of the impact of sustained high oil prices on family spending, and the impact of reduced mobility on the UK economy Tags: fuel, oil, taxes
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