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No figure on green tax concessions

29th January 1998
Page 4
Page 4, 29th January 1998 — No figure on green tax concessions
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Which of the following most accurately describes the problem?

• The Government has confirmed that it will reward operators of low-emissions trucks with a reduction in vehicle excise duty—but is not giving out any figures.

The concession, announced in last July's Budget, is expected to be worth up to £500 per vehicle, It is designed to improve the air quality by encouraging hauliers to go green when buying and maintaining vehicles. But the Freight Transport Association believes the proposals, though welcome, need exact emissions targets. It questions if a £500 concession is enough to encourage hauliers to adopt expensive green technology.

The Department of Transport admits the required standards will be determined by the Euro3 and Euro-4 pollution limits, which are yet to be finalised.

Legislation on green VED concessions is expected in March's Budget.

CVs now face roadside exhaust emissions tests and fines in central London. A pilot scheme began last week at strategic points around the city.

From 23 February fines of up to £60 will be issued to operators whose vehicles fall below annual test standards—rising to £2,000 if they unsuccessfully contest the analysis.