The British Vehicle Rental and Leasing
Association (BVRLA) has call on new chancellor George Osborne to
scrap the tax disc and permit the purchase of multi-year Vehicle
Excise Duty (VED).
The Association made the suggestion as part of
its submission ahead of the emergency Budget on 22 June.
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It has claimed that eliminating tax discs
could save the government more than £90 million each year.
The BVRLA added that automatic number plate
recognition (ANPR) cameras and continuous registration laws mean
there is “no longer a need for tax discs to be displayed on
windscreens”.
Concerns have also been raised that high-value
discs could be targeted by thieves.
According to the association, introducing the
multi-year VED would save the industry up to £5 million in
administration costs each year.
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