More than 700 businesses call for end to fuel tax

More than 700 businesses call for end to fuel tax

More than 700 businesses have called on the chancellor to scrap the 2p fuel tax planned for April

The increase of 2p a litre in fuel duty coming into effect in April will cost
the haulage industry £170m, according to 700 businesses which have called on
chancellor Alistair Darling to scrap the tax.

In a letter to the chancellor, the companies said the higher fuel tax would
make British hauliers less competitive than their European rivals, according to
BBC News. ‘We are alarmed by the signals that the government appears to be
sending to such a crucial industry at a time when the economy appears to be
stalling,’ the letter said.

The British
Chambers of Commerce
(BBC) said the government must urgently reconsider the
tax.

‘This is yet another tax on business which further erodes our international
competitiveness,’ David Frost, BCC director general, said.

The Road Haulage
Association
is meeting with Darling in early February in an effort to
convince him to reverse the decision.

Read
the story in BBC News

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article