>> If they plan on utilising car tax to subsidise train fares
Does anyone know where we are with hypothecation of car tax proceeds to the roads budget?
Although there has been a long standing supposition that there was a 'Roads Fund' the concept was actually abolished before WW2 and car tax just gone into same pot as everything else.
Post coalition there was talk of returning to at least partial hypothecation. I thought that had got lost in post 2017 election/Brexit confusion but McDonald's intervention makes me wonder if it has moved on.
EDIT: This document suggests return to hypothecation in 2020/21:
researchbriefings.files.parliament.uk/documents/SN01482/SN01482.pdf
Last edited by: Bromptonaut on Wed 4 Dec 19 at 12:05
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