Motor Vehicles: Excise Duties
Commons · Question 21046 · Tabled 18 Dec 2024 · Treasury · Official record
Answered 8 Jan 2025
Question
Asked by James Wild
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of increases in (a) vehicle excise duty and (b) the HGV road user levy on the logistics industry.
Answer
Answered by James Murray, 8 Jan 2025
As announced at Autumn Budget 2024, from 1 April 2025, Vehicle Excise Duty (VED) rates for Heavy Goods Vehicles and the Heavy Goods Vehicle (HGV) levy will be uprated by Retail Price Index for 2025-26. This means rates will remain unchanged in real terms ...