Rishi Sunak unveiled plans last week to continue the freeze on the collection of levies for Heavy Goods Vehicles (HGVs) for another year from August 1st 2022.
What does the measure entail?
Initially announced last year, the HGV road user levy was due to expire in August 2022.
Applying to heavy goods vehicles weighing 12 tonnes or more, the levy was originally created in 2014 and was originally aimed to aid with the repair of the road network that these vehicles are damaging to.
Objective of the policy
The government is hoping that the extended freeze of the levy will reduce financial responsibilities and stress for hauliers from the UK and operating in the UK – giving the haulage industry an extra push into economic recovery.
The Road Haulage Association (RHA) had written to the Prime Minister, urgently requesting this extension. The letter read as: “while the Government have taken some steps to tackle the crisis, the solutions proposed won’t address the escalating shortage of 100,000 drivers in the short term.”