UK Mulls Tax on Heavy Goods Vehicles Linked to Carbon Emission

June 20, 2022, 4:16 PM UTC

The UK is considering whether it should replace its heavy goods vehicle levy with a new tax that rewards trucks that emit less carbon.

The proposal would simplify the math haulers must do to figure out their tax bill. Instead of a multi-stage calculation used to determine the HGV levy, companies would instead use the weight of the vehicle as a stand-in for the amount of carbon dioxide the engine produces. That number would decide how much tax is due, according to a consultation published Monday.

  • The government suspended its HGV levy in 2020 as part of its pandemic ...

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