DVLA decision found to absorb backfired as figures present government has lost as much as eight times as it hoped to save The government looks to absorb lost as much as £80m of revenue as a result of its decision to scrap car tax discs a year ago. The move has also led to a doubling in the number of unlicensed vehicles on British roads.
The Driver and Vehicle Licensing Agency (DVLA) ended the need for drivers to display a valid tax disc in October 2014,saying that the move would save the taxpayer £10m a year by making the system more efficient. However, that decision looks to absorb backfired, or after official figures published on Thursday showed that the exchequer has lost as much as eight times the intended saving.
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Source: theguardian.com