Large Goods Vehicles: Taxation

(asked on 23rd November 2015) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will ring-fence revenue raised from the HGV Levy for investment in transport infrastructure.


Answered by
Andrew Jones Portrait
Andrew Jones
This question was answered on 1st December 2015

The HGV Levy was introduced in 2014 to ensure that all HGVs using UK roads make a payment reflecting the damage they cause to the roads. This removes some of the inequality for UK hauliers when paying to use many roads abroad. In its first year of operation the HGV Levy raised more than £46 million from foreignHGVs. Receipts raised by the HGV Levy are paid into the Consolidated Fund.

As announced in the 2015 Spending Review on 25 November, this Government is making the biggest investment in transport infrastructure in generations. The government will invest £61 billion in transport this Parliament an increase of £20 billion compared to the previous parliament. This funding includes over £15 billion to improve, repair and expand our roads, covering the period from 2015/16 to 2020/21, and involves 127 major schemes.

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