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17 Nov
13:51

UK mulls ‘pay-per-mile’ road pricing scheme ahead of ICE ban

The UK could make up for an estimated £40 billion ($53 billion) tax shortfall due to increasing sales of electric cars by implementing a road pricing scheme. Chancellor Rishi Sunak is reportedly considering a nationwide “pay-per-mile” or a road toll system to replace revenues from fuel duty and vehicle excise duty (VED) taxes, which are mostly based on vehicle emissions. However, on Monday, Sunak said in a televised interview monitored by Kall…
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