RHA notes fuel duty increases remain in the pipeline

The Road Haulage Association (RHA) notes the new Chancellor’s decision to go ahead with Alistair Darling’s inflationary package of three fuel duty increases in the next eleven months.

“This is disappointing,” said RHA Chief Executive Geoff Dunning.  “It will simply further widen the gap between UK diesel duty and that of our EU competitors, the unfairness of which was acknowledged in the Coalition’s recent programme for Government.

“We offer our support for the investigation into the feasibility of a fuel duty stabiliser and for the reduction of small business tax to 20% from next year.

“We are concerned about the reduction of the investment allowance for small firms to £25,000 from £50,000 which will have a detrimental impact on small haulage companies.  The recognition of the importance of capital spending, not least on our international trade routes is welcome but we remain concerned about the future of investment in roads in the short to medium term.”

For further information, visit: www.rha.uk.net

Published: 22/06/2010