Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

‘Give capital vehicle licensing powers’

Policy

24 January 2021
 

The mayor of London should be granted powers to implement a ‘London vehicle ownership duty’ that would replace Vehicle Excise Duty, says capital business group London First and consultant Arup. 

The proposal is one of four ideas suggested in a report looking at how TfL could reduce its long-term circa £2bn a year funding gap (LTT 08 Jan). 

“Replacing VED for all vehicles registered in London would allow the level of tax to be set by the mayor, and incentivise...

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