RHA submits Spring Statement asks
Trade body RHA has submitted its asks to the Treasury ahead of the Spring Statement on 6 March.
It is calling on the Chancellor to support operators across the country who keep Britain moving through the following key measures:
- Continue the freeze on fuel duty and maintain the 5p cut.
- An emissions-linked rebate on fuel duty on alternative fuels.
- An essential user rebate on fuel duty for commercial operators.
- Reform of business rates to support transport businesses operating warehouses.
- Help businesses suffering from higher interest rates by extending full expensing to the cost of vehicle leasing.
- Reduction in insurance premium tax which disproportionately impacts road transport operators due to the number of mandatory insurances.
- Encourage training providers and colleges to offer heavy vehicle mechanic apprenticeships by increasing the funding band available to at least £23,000.
- Temporary suspension of Vehicle Excise Duty on HGVs and the HGV Levy
Richard Smith, RHA Managing Director, said: “We are calling on the Government to focus on stability, long-term growth and targeted support to tackle the major challenges the road transport industry currently faces to ease cost pressures on operators.”