The Driver and Vehicle Licensing Agency (DVLA) collected £1,103,000 from April 2005 to March 2006, £913,000 from April 2006 to March 2007 and £813,000 in the financial year to date (April 2007 to December 2007) in revenue from fines raised for failing to notify of a change of vehicle ownership.
This revenue is paid over directly to HM Treasury.
The DVLA for the first time began keeping a record of the estimated annual costs of taking action against failure to notify changes of vehicle ownership from April 2007. The estimated level of costs is £617,000 for the financial year April 2007 to March 2008.