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FUEL DUTY * UK & Ireland - RHA warns increase could spell end of the road
London,UK -HGV Ireland -March 8, 2010: -- UK hauliers are currently paying record prices for diesel fuel but, if the Chancellor goes ahead with his planned fuel duty increase of 2.5 pence per litre on April 1, it could mean the end of the road for many hauliers... “Diesel is the commodity on which this industry is totally reliant,” said RHA Chief Executive, Geoff Dunning. “We are already paying fuel duty rates that are up to six times higher than our European counterparts. If the Chancellor goes ahead with the 2.5 increase next month, it will mean that road transport operators will, on average, be paying an extra £1,100 per year in fuel duty alone, and that’s on top of the price of the fuel itself... According to the Treasury, duty increases are ‘an important part of the deficit reduction plan’...* Ireland - Diesel tax rise highest in Western Europe
Dublin,Ireland -HGV Ireland -March 8, 2010: -- Haulage operators have been advised that the government’s tax take on diesel has risen nearly three times more than the average for Western Europe in the last 15 months. This is according to an analysis of pump prices and tax changes in 10 western European countries... Ireland’s haulage operators have witnessed the proportion of fuel cost that is tax, increase by 8.33%, well above the 2.89% average for the countries surveyed... In five of those countries, the tax-take is lower now than in November 2008, reflecting the collapse in the European wholesale price of diesel. It is a saving that has been denied to Irish, UK, Dutch, Belgian and Spanish drivers... “The cost of diesel has actually fallen 10 per cent or so since October / November 2008,” says the Automobile Association’s Director of Policy Conor Faughnan...
Labels: fuel costs troubles
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