|2 Jun 2011.
For immediate release.
“Years ago, renewing VED was a laborious process checking MOT and insurance certificates were valid. These days one click of a mouse checks these, either via online renewals or at a post office, and electronic payment methods are cheap*. All it costs the DVLA is the printing and postage of an extra disc, probably under £1 instead of the £10 to £46 they are charging. Interest is a factor but at today's low interest rates we can see no justification.”The ABD have long called for VED to be scrapped and a revenue neutral amount placed on fuel. This would save huge amounts of unnecessary bureaucracy and waste, whilst taxing usage, not ownership.