£626m from road users
20th February 1976, Page 19
20th February 1976
Page 19
Page 19, 20th February 1976
— £626m from road users
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Keywords :
Taxation, Fuel Tax, Excise, Tax, Vehicle Excise Duty, Value Added Tax, Roads In The United Kingdom, Business / Finance, Disaster / Accident
TOTAL REVENUE from road users exceeded expenditure by £140m in the last financial year, by £438m in 1973-74, and by £626m in 1972-73.
Dr John Gilbert, who gave these figures in the Commons, explained that they had been arrived at by counting income as the combined proceeds of vehicle excise duty, fuel excise duty, VAT on fuel and cars—purchase tax in the earlier years—and car tax.
Expenditure went on national Government and local authority costs of road construction and maintenance, administrative and police costs and the costs of accident prevention and of accidents.
Dr Gilbert noted that there were about 206,000 miles of public surfaced roads in Great Britain and about 11,300 route miles of railway.
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John Gilbert