Speeches

Andrew Bingham – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Andrew Bingham on 2015-11-02.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the loss of tax revenues from road fund licences arising from incorrect emissions figures for Volkswagen vehicles.

Damian Hinds

The Government takes the unacceptable actions of Volkswagen extremely seriously and is taking robust action to get to the bottom of the emissions scandal.

The Government has announced that UK taxpayers will not incur higher Vehicle Excise Duty (VED) if their existing vehicles are found to be affected by the emissions scandal.

The Government continues to monitor the actions of Volkswagen closely and will consider all options once the facts are fully clarified.