02 Dec Is it time to bring back the tax disc? – Infographic

tax disc infographic

 

Is it time to bring back the tax disc? – Infographic

When the tax disc was abolished in October 2014, the government hoped that it cut red tape and save £10 million a year in processing costs.

At time tax evasion levels were at 0.6%

Fast forward to 2019 and that level has risen more than two fold to 1.6%

 

What does this mean in real terms?

 

  • 634,000 vehicles which equate to £94m of lost revenue

 

Whats the solution?

 
• Adding the Vehicle Excise Duty to the price of fuel which taxes heavy road users and gas guzzlers. And it also cuts the admin cost even further.

• More Automatic Number Plate Recognition (ANPR) cameras

 

Whatever future course the government decides, we’ll be here to offer you refuelling solutions to ease the burden of your fleet fuel costs.

Call us now on 01633 677677 or go to www.cambriancards.com/fuel-cards

To find out more about VED click here

cambriancards
gareth.thomas@cambriancards.com
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