The government has been forced to clarify the level of import tariffs to be placed on new trucks in the event of a no-deal Brexit after a document revealed it has been hiked from a promised 10% to 16%. An estimated 42% of new HGVs are articulated and will attract the 16% tariff. Last month industry leaders were told by government officials that a planned 22% tax on HGV imports was to be reduced to 10%, bringing it into line […]
Truck manufacturers have called on the next government to secure a swift deal on Brexit and stop the uncertainties that could result from drawn-out negotiations.
Treasury officials have indicated it will probably take seven to nine months for the European Commission to make its decision about an extension of the UK’s rural fuel duty rebate scheme.
The FTA has warned that the supply chain is “set to disintegrate” if the status of European workers within the UK’s logistics sector is not settled as part of the ongoing Brexit negotiations.