Large Goods Vehicles: Excise Duties and Taxation

(asked on 5th February 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the report entitled Spring Budget briefing 2024 published by the Road Haulage Association in January 2024, what assessment he has made of the implications for his Department’s policies of the recommendations to temporarily suspend (a) vehicle excise duty on HGVs and (b) the HGV Levy.


Answered by
Gareth Davies Portrait
Gareth Davies
Exchequer Secretary (HM Treasury)
This question was answered on 13th February 2024

The government recognises the challenges faced by the haulage sector and their key role in keeping the country running. At Autumn Statement 2023 the Government announced that it is continuing its support for haulage companies by freezing HGV Vehicle Excise Duty and the HGV Levy in 2024-25. This results in a tax saving for one of the most popular HGVs (a 38-44 tonne Artic lorry with 3 axles, EURO VI) of a total of £47 per annum. These measures form a package of support for hauliers, alongside the freezing of Fuel Duty as announced at Spring Budget 2023.

Like all taxes, the government keeps HGV VED and HGV Levy under review.

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