The FTA urges Chancellor to reduce fuel duty by 3p per litre
In a recent press release, the FTA is once again campaigning for fleets and motorists in regards to easing fuel duty. Thankfully, the Freight Transport Association (FTA) continues to hammer home the message to the Chancellor that he should reduce road fuel duty by 3 pence per litre to help ease the pressure on domestic freight operators in his 2013 Budget.
Like all motorists, the price of fuel is a sore subject and is now, more than ever, crippling our finances. I recently posted on how high my local garage's prices have now crept up to and have had to look around to find the best deals. I can't even begin imagine how expensive fuel has become for a company running large fleets of cars, trucks, and/or vans. It's fantastic to see the FTA stand up and fight for this cause, where it's not only the big businesses that may benefit, but all motorists.
The FTA is asking for George Osborne to include the reduction in his Budget plans. The FTA has said that "it is imperative to the UK’s freight transport sector which has faced a particularly challenging business environment in 2012."
The pre-Budget submission by the FTA outlines recommendations to stimulate growth by ensuring that the key costs inputs such as fuel, vehicle parts and tyres are contained and the competitiveness of the logistics industry supported.
Below are the key points contained in the submission to the Chancellor that were printed in the latest FTA press release.
FTA has stated within its submission to the Chancellor that his priorities must be:
• Ease cost pressure on domestic freight activity and stimulate economic growth through consumer demand by reducing road fuel duty by 3 pence per litre, with commensurate reductions in the duty rate for gas oil.
• Stimulate investment in low-carbon fuelled vehicles by fixing fuel duty rates for natural gas and biomethane relative to diesel rates for at least 10 years.
• Ensure that the introduction of the HGV Road User Levy will be ‘tax neutral’ in practice by confirming: the rates of the levy that will apply; that Vehicle Excise Duty (VED) rates will not be subject to increase simply to allow that neutrality to be achieved; and that holders of Reduced Pollution Certificates (RPCs) will be compensated by replacement grants.
Have your say by joining the FairFuelUK Campaign which is currently running a poll with the aim of sending a message to the Chancellor on just how these high fuel prices are impacting on our lives. To get behind the FTA backed FairFuelUK Campaign, please visit the website here.
Like all motorists, the price of fuel is a sore subject and is now, more than ever, crippling our finances. I recently posted on how high my local garage's prices have now crept up to and have had to look around to find the best deals. I can't even begin imagine how expensive fuel has become for a company running large fleets of cars, trucks, and/or vans. It's fantastic to see the FTA stand up and fight for this cause, where it's not only the big businesses that may benefit, but all motorists.
The FTA is asking for George Osborne to include the reduction in his Budget plans. The FTA has said that "it is imperative to the UK’s freight transport sector which has faced a particularly challenging business environment in 2012."
The pre-Budget submission by the FTA outlines recommendations to stimulate growth by ensuring that the key costs inputs such as fuel, vehicle parts and tyres are contained and the competitiveness of the logistics industry supported.
Below are the key points contained in the submission to the Chancellor that were printed in the latest FTA press release.
FTA has stated within its submission to the Chancellor that his priorities must be:
• Ease cost pressure on domestic freight activity and stimulate economic growth through consumer demand by reducing road fuel duty by 3 pence per litre, with commensurate reductions in the duty rate for gas oil.
• Stimulate investment in low-carbon fuelled vehicles by fixing fuel duty rates for natural gas and biomethane relative to diesel rates for at least 10 years.
• Ensure that the introduction of the HGV Road User Levy will be ‘tax neutral’ in practice by confirming: the rates of the levy that will apply; that Vehicle Excise Duty (VED) rates will not be subject to increase simply to allow that neutrality to be achieved; and that holders of Reduced Pollution Certificates (RPCs) will be compensated by replacement grants.
Have your say by joining the FairFuelUK Campaign which is currently running a poll with the aim of sending a message to the Chancellor on just how these high fuel prices are impacting on our lives. To get behind the FTA backed FairFuelUK Campaign, please visit the website here.
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