As hauliers face yet another rise this summer in insurance premium tax, MT looks at what action industry can take to lessen its impact Hauliers have not taken kindly to the government’s decision to once again hike the tax on insurance premiums. The tax rise, announced by Chancellor of the Exchequer Philip Hammond in the Autumn Statement, sees insurance premium tax (IPT) increase from 10% to 12% in June 2017. This follows an earlier hike to the tax which saw […]
New guidance on the breaks required under the drivers’ hours and working time rules is to be published later this year by the DfT in an effort to address confusion between the two.
Treasury minister Danny Alexander has pledged to review FairFuelUK’s (FFUK) economic report, which shows that the planned 3ppl duty rise in January will result in 35,000 job losses and reduce GDP growth by 0.1%. During a landmark meeting yesterday (29 October) with FFUK and its major backers the FTA and RHA, the chief secretary to the Treasury made a firm commitment to look closely at the Impact of fuel duty on the macro-economy report, produced by the National Institute for […]
The RHA and FTA have urged TfL to push back its proposed October 2020 start date for requiring Euro-6 lorries across the whole of Greater London.