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date	2018-06-27
question first answered	2018-07-05T09:42:14.52Z
answer › answering member constituency	Newark
question text	To ask Mr Chancellor of the Exchequer%2C for what reasons the surcharge for paying for road tax either monthly or as two six-month payments was set at five per cent.

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registered interest

date

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answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

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and

answer text

answering member constituency

answering member printed

grouped question UIN

question first answered

answering member


label

tabling member


label

931841

registered interest

date

27/06/2018

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Motor Vehicles: Excise Duties

house id

legislature

25259

pref label	House of Commons

question text

To ask Mr Chancellor of the Exchequer, for what reasons the surcharge for paying for road tax either monthly or as two six-month payments was set at five per cent.

tabling member constituency

Ceredigion

tabling member printed

Ben Lake

uin

158330

answer

is ministerial correction

date of answer

05/07/2018

answer text

<p>In October 2014, the Government reformed Vehicle Excise Duty (VED) to allow motorists to pay by Direct Debit either monthly, six monthly, or annually. To limit the impact on the public finances a five per cent surcharge was introduced on monthly and six monthly direct debit payments. Previously this surcharge was 10%. This surcharge recognises the loss of interest resulting from delayed payments.</p><p> </p>

answering member constituency

Newark

answering member printed

Robert Jenrick

grouped question UIN

158331

question first answered

05/07/2018 09:42:14

answering member

4320

label	Biography information for Robert Jenrick

tabling member

4630

label	Biography information for Ben Lake