The
Government introduced a new tax on 1st April 2014, where foreign
haluiers were charged to use UK roads.
This HGV road user levy has been put into place to ensure that foreign
hauliers make a contribution towards the upkeep of UK roads.
At its intorduction, the levy was expected to generate around £20 million in
taxation revenue, however during a transport question session in Parliament Patrick
McLoughlin, Secretary of State for Transport, reveiled that it has raised £23.4
million in its first six months.
The
levy is structured in a series of bands based on the type of vehicle, maximum weight
and axel confirguration, so the higher charges are made to heavier and more
road wearing vechiles.
The
funds raised by this new initiative will not be used solely for road maitenace
and imporvements, but will go into the general taxtion funds.
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