RHA calls for cut in fuel duty rate
The Road Haulage Association (RHA) has called for a cut in the fuel duty rate to protect the competitiveness of the UK economy.
The current fuel duty rate is 57.95ppl, which the RHA says is placing a drag on the economy.
RHA chief executive Richard Burnett said, ‘Hauliers have no choice but to pass on the cost of fuel to their customers. Fuel alone accounts for up to a third of an HGV’s running costs. A modern 44-tonne articulated truck will give around 8mpg and typically cover 73,000 miles a year.
‘To do that, it will use 41,483 litres (9,125 gallons) of diesel at a cost today of £39,496 ex-vat and every penny increase – either in fuel duty or the actual price paid at the pump, adds over £400 a year to its operating costs.’