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Saturday, November 27, 2010

TAX POLICY * UK - Lorry Road User Charge must be revenue-neutral

London,EN,UK -Road Transport, by Chris Tindall -23 November 2010: -- The Freight Transport Association (FTA) has met with Treasury officials to discuss how a lorry road-user charge (LRUC) can be made revenue-neutral for UK hauliers... The Department for Transport (DfT) said earlier this month it would launch an LRUC by 2014 and the Treasury is currently exploring which system offers the most return for the least cost... Natalie Chapman, FTA head of policy for south-east England, says the government could roll out the Eurovignette scheme currently in use in Continental countries, although the maximum charge that can be applied is €8 (£6.76)... The Eurovignette Directive allows for an €11 (£9.30) fee, but charging this rate would mean the UK would have to invest in its own administration scheme, which could be costly...

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