A reduction in the tariff from 25% to 10% is in the right direction but FTA has called for the abolition of tariffs on trucks.
Speaking on behalf of the logistics industry, FTA’s deputy CEO James Hookham said:
“We are pleased to see our calls to remove the very high proposed tariffs have been listened to but this move is not enough. There should be no additional financial penalty on buying new vehicles. At a time when vehicle operators are under massive pressure to use newer cleaner vehicles. Operators need incentives to replace trucks quicker not penalties to hinder their purchase.
“This is a tax on quality – new trucks are the cleanest and safest ever and the Government wants to increase their price by 3 times the rate of inflation. Ministers need to join the dots on their strategies to improve air quality in towns and cities and the costs they are imposing on truck operators because of Brexit. A 10% price increase on new trucks will hinder the logistics industry contribution to environmental savings. #ScraptheTariff completely is our message to Government”