Forecast: Air Pollution-Related Transport Tax Revenue in the UK

In 2023, the air pollution-related transport tax revenue in the UK stood at approximately $14.83 billion (2010 PPP). From 2024, the forecasted data reveals a steady increase, reaching $15.41 billion by 2028. The annual growth rate is subtle yet persistent, showcasing a compound annual growth rate (CAGR) starting from 2024 at around 0.8%.

Future trends to watch for:

  • Technological advancements in vehicles promoting lower emissions that may affect tax structures.
  • Policy shifts towards more aggressive climate targets that could alter tax rates or frameworks.
  • Public and political pressures for cleaner transport could lead to new taxation models.

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