Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

'Compelling case for road charging' says IFS

Patrick McDonnell
31 May 2012
 

A “radical overhaul” of road taxes is required, suggests a report by the Institute for Fiscal Studies (IFS). The study, funded by the RAC Foundation, found there is a “compelling” case for road charging in the UK rather than the current system funded by taxes on fuel.

Receipts from fuel duty and vehicle excise duty (VED) are one of the biggest sources of funds for the Treasury, contributing about £38bn a year, or 7% of all the Exchequer’s total income, but...

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