£7.6m raised by HGV Road User Levy in five weeks

The HGV Road User Levy has raised £7.6m for the Department for Transport (DfT) since its launch on 1 April, according to a tweet posted on DfT’s @transportgovuk account yesterday.

The money was, says a DfT spokesperson, generated entirely from foreign-registered operators paying the charge, rather from fines by operators for failing to comply with the requirements.

Although it is likely that this figure will tail off (much of this sum will be from yearly levy fees, as opposed to monthly fees), it represents a much higher figure than anticipated by DfT, which predicted that the levy would generate around £20m over a year.

Around 92,000 levies were purchased in the first two weeks after launch, with nearly 78,000 trucks registered by operators from over 50 countries around the world.

Click here for the full story, published by Commercial Motor.