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Uckfield Rail Link loss of tax revenue
 
 
On 29 Jul 2008 at 11:23am SHS wrote:
For those that missed it, here is the reason why central govt wants us to keep driving our cars:
QUOTE:
Loss of tax revenue has been included in the calculation as specified by WebTAG, with the following assumptions made:
Transfers from car provide a reduction on VAT and fuel duty proportionate to vehicle kms removed;
Transfers from bus provide no taxation changes (bus users pay no VAT on fares); and
Generated demand gives rise to a loss in VAT from spending diverted to travel from other expenditure.
UNQUOTE
Tucked away in section 5.2.8 of the full report, tucked and re-tucked and well camouflaged on the ESCC website:
eastsussex.gov.uk/roadsandtransport/roads/roadschemes/rail/default.htm
 
 
On 29 Jul 2008 at 11:33am Smiler wrote:
Eh?


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