UK Road Tax & Fuel Duty
£50BILLION UK ROAD TAX & FUEL DUTYO £50BILLION may sound like a lot of money (a bit of an understatement) however once you realise that the goverment has spent up to £30MILLION for ONE MILE of new motorway you can soon see how easily the maintainence bill could rack up... How other duties & taxes What £50,000,000,000 could buy: (31,035,791 X £1,611) compare to fuel duty: (# of vehicles on the road) (per vehicle) 6,250 miles of single carriageway! (£8,000,000 per mile) or 3,846 miles of dual carriageway! (£13,000,000 per mile) or 1,666 miles of dual carriageway! (£30,000,000 per mile) 100% 2.1% Total Revenue Tabacco Duty £408,520,000,000 £8,810,000,000 Sputnik 1,'Orbit height / 359 miles 6.6% 6.4% Oil Duty or Other £26,190,000,000 £27,170,000,000 Resurface Great Britains Roads 2.34 Times*! (£100,000 per mile) 8.7% 17.1% *(single carraigeways) Corporation Tax £35,800,000,000 Value Added Tax £70,160,000,000 23.3% 35.4% National Insurance Income Tax £95,510,000,000 £144,880,000,000 Sources: 1) https://www.gov.uk/government/publications/cost-of-maintaining-the-highways-agency-s-motorway-and-a-road-network-per-lane-mile 2) https://www.uktradeinfo.com/Statistics/Pages/TaxAndDutybulletins.aspx 3) http://www.bbc.co.uk/news/magazine-13924687 ROYALINFOGRAPHICS 4) http://www.telegraph.co.uk/motoring/news/7563297/Number-of-cars-declines-for-the-first-time-since-Second-World-War.html
UK Road Tax & Fuel Duty
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