New 'clean' vans could see a reduction in road tax, says Treasury

Staff writer
Hundreds of Ford Transit vans awaiting export at Southampton Docks near the Ford factory in Southampton, where workers have started a four-day week as the company cuts production in response to the economic downturn.
Hundreds of Ford Transit vans awaiting export at Southampton Docks near the Ford factory in Southampton, where workers have started a four-day week as the company cuts production in response to the economic downturn.

A proposal raised in Chancellor Philip Hammond's spring statement could see rates of Vehicle Excise Duty (VED) lowered for low-emissions commercial vehicles.

The Chancellor said that the Treasury will launch an investigation into reduced VED for the 'cleanest' vans.

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