The UK government is reportedly considering introducing toll roads for motorists to give the Treasury more money as Chancellor Rishi Sunak wants to lower fuel taxes
Image: Alamy Stock Photo)
Drivers could face tolls on UK roads as the government looks for ways to raise more money, with fuel taxes expected to be reduced, sources say.
Chancellor Rishi Sunak is likely to cut fuel taxes for the first time in over a decade when he makes his spring statement, but at the same time ministers are looking at ways to introduce new ways for tax drivers.
He has hinted he could cut fuel taxes by up to 5p a liter as petrol station prices have skyrocketed since the Russian invasion of Ukraine.
Labor leader Sir Keir Starmer has also backed the move – and has repeatedly called for a windfall tax on oil and gas companies to help stem soaring energy bills.
However, with the continued growth of electric cars, this also means that less money is being made from fuel taxes.
Alamy Stock Photo)
Whilst toll roads are common in many European countries, in the UK the M6 near Birmingham is one of the largest toll roads, where motorists have an alternative and weekday use is £7.10 for cars and £12.90 for lorries costs road.
The option for road pricing is now “very serious,” a government source told The Times.
They said: “It’s definitely taken very seriously at Downing Street. The Policy Unit is looking into this very carefully and the problems with the fuel tax now make it even more urgent.”
Another option recommended by the cross-party Commons transport committee is monitoring technology, which would charge drivers for the distance travelled, but there are fears this could spark a backlash, especially if they’re in cities is introduced cities.
The Government is working on options to phase out petrol and diesel cars and it is estimated that without them the Treasury would lose £35billion in 2030.
Graham Young / Birmingham Live)
Amid the cost of living crisis, more than 50 Conservative MPs are calling for a tax cut to lower petrol and diesel prices.
Sunak has warned he cannot “completely shield Brits from the rising costs” but is expected to cut tariffs on fuel.
Drivers in the UK currently spend 57.95 liters per year on fuel – one of the highest tax rates in the world.
More than 50% of the cost of petrol in the UK consists of fuel tax and VAT.
Former Cabinet Secretary Sir John Redwood said: “Taking a little less petrol and diesel is fine and welcome.
“But if that is all, it will be too little, too late. We are facing a very large pressure on the cost of living.
“We need to lower taxes now to ease that pressure. The Chancellor must withdraw all planned tax increases.
“Increasing social security should not go any further, we should cut VAT on fuel and also cut it on energy-saving products like insulation.”
https://www.mirror.co.uk/news/uk-news/brit-drivers-may-pay-road-26524665 UK drivers may have to pay tolls after fuel tax is reduced.