How much will I have to pay if I drive a car? Car drivers might be charged with over £700 in new taxes – how much will I have to pay?

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How much will I have to pay if I drive a car? Car drivers might be charged with over £700 in new taxes – how much will I have to pay?

EXTRA DRIVING TAXES MAY BE IMPLEMENTED TO REPLACE FUEL TAXES AS THE GOVERNMENT PUSHES FOR ELECTRIC VEHICLES. How much could drivers be forced to pay?

As part of efforts to cut Britain’s transportation emissions, new fees on automobiles and aircraft are expected to be implemented. On Wednesday, Transport Secretary Grant Shapps revealed his green plan, which includes a series of measures that will be executed over the next few years in order to “decarbonize all modes of domestic transportation by 2050.”

”This is a comprehensive yet urgent policy to stop transportation’s contribution to climate change over the next three decades, demonstrating global leadership as we prepare to host [the international climate summit]COP26,” Mr Schapps said.

According to the proposal, polluting cars and vans will be phased out by 2035, while all-new diesel and petrol heavy goods vehicles would be phased in by 2040.

It comes as a £34 billion hole might be left as electric vehicles become more popular, with the ultimate goal of electric vehicles replacing gasoline-powered vehicles.

Vehicle excise duty does not apply to electric vehicles, and drivers do not have to pay any fuel duty.

According to the AA’s analysis, the government may need to recuperate £765 per year in lost gasoline duty.

The statement acknowledges the need to close the deficit, but there are allegedly differences among government factions over how best to accomplish so.

The Department of Transportation has stated that any taxes collected to close the gap will be handled by the Treasury.

The establishment of a road pricing regime is being examined, which could see motorists forced to pay to drive via tolls or per mile with in-vehicle tracking.

In line with the European Union, the government is also considering expanding carbon pricing to cover gasoline.

As he introduced proposed measures to MPs on Wednesday, the Transport Secretary stated that the goal is to ensure that automobiles “can run without harming people’s health or the environment.”

Mr Shapps also stated in the House of Commons, “We are not against the car.”

“We want people to have access to vehicles, and in rural areas, it is frequently the only method people have to go around, despite the fact that we want to improve bus services and everything else.”

Drivers of electric vehicles, on the other hand, are all set. “Brinkwire News in Condensed Form.”

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