Image Source: rolecserv.com/ev-charging/product/EV-Charging-Points-For-The-Home EVHomeSmart Rolec EV has been a go-to for t read more
UK contributes almost £50 billion in motoring taxes
20/01/2022 Ford Fiesta Hatch 5Dr 1.0T EcoBoost MHEV 125 ST-Line Vignale 6Spd - Save 19.6% - £4,654 off list price - £19,116
20/01/2022 BMW 520d Touring 190 M Sport Step Auto8 - Save 11.1% - £5,207 off list price - £41,718
20/01/2022 Hyundai Tucson 1.6h T-GDi 230 Ultimate Auto6 - Save 17.4% - £6,567 off list price - £31,233
20/01/2022 Kia Ceed Hatch 5Dr 1.5T-GDi 158 3 DCT Auto7 - Save 19.1% - £4,892 off list price - £20,753
The UK contributed £46.6 billion in motoring taxes to the Treasury in 2012, according to the European Automobile Manufacturers Association's (ACEA) latest figures.
That contribution makes up for nearly 8% of all the tax collected by the government that year, and the UK's motoring-derived tax take was almost the same as government defence spending, which totalled at £46.4bn.
A detailed breakdown of the tax collected shows that the largest amount raised from UK motorists was from the sale of fuels and lubricants, which came to £26 billion.
That was followed by VAT on vehicle sales, servicing, repairs, parts and tyres, which made up £12.5 billion. £5.8 billion was spent on annual ownership taxes and taxes filed under "other" comprised of £1.5 billion.
When the UK's £46.6 motoring tax take is divided by the UK's 63.7 million population in 2012, it shows £731 per head was contributed to the total sum.
Motoring taxes raised by the UK and 13 other European Union countries, including Germany, Denmark, Sweden, Italy and France, amounted to a huge £248 billion.
Germany's drivers contributed the most with €80 billion (£57 billion) in 2012, followed by Italy with €70.5 billion (£50.6 billion) in 2013, and France with €69.5 billion (£54.3 billion), also in 2013.
Get a GAP insurance quote for your new car
Image: FreeFoto.com
