S7 Stock to Barking
On 15/01/2013 12:32, Roland Perry wrote:
In message , at 11:49:34 on Tue, 15
Jan 2013, Phil Cook remarked:
Most of the revenue to maintain the roads comes from fuel duty & VAT.
The revenue to maintain the roads comes from general taxation. All UK
taxes go into one pot and are distributed from there.
It's still possible to look at the tax collected and spent, and see that
in a general area the one provides the other.
From he
http://assets.dft.gov.uk/statistics/releases/transport-statistics-great-britain-2011/tsgb-2011-summaries.pdf
Nearly £5.8 billion was raised through vehicle excise duty (VED) in
2010/11. This was based on nearly 43 million unique vehicles being
licensed during the year and includes refunds for surrendered tax discs.
About £27.3 billion was raised through fuel tax in 2010/11.
Expenditure on local and national roads was £9.4 billion.
--
Phil Cook
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