‘As a Member of the Joint Oireachtas Committee on Transport & Communications I wholeheartedly welcome todays announcement that the current tax bands in place have been restructured and the highest band will now be €900’.
‘Having worked with local Hauliers as well as the Irish Road Haulage Association (IRHA) I know that the announcement will have a huge impact on many businesses nationwide. Reduced rates will ensure a positive change on margins and the total overhead costs of running their businesses’.
‘Currently there are 20 different tax bands covering HGV’s, the most expensive rate at present is €5,915. Today’s announcement by Minister Noonan will see this figure reduce to €900’.
‘Under the new system there will now be only 5 tax bands varying from €92 to the maximum level of €900’.
‘This is an interim measure pending the replacement of the current commercial motor tax regime with a fairer basis for calculating commercial motor tax, which will be based on the Gross Design Vehicle Weight of the goods vehicle’.
‘The impact on the haulage industry will be huge and will hopefully assist Hauliers to update fleets, promote their businesses and ultimately add to a more vibrant and buoyant business model into the future, creating jobs and assisting with our economic recovery’.
‘I look forward to continuing my work with the IRHA and also the many Hauliers who operate businesses in Meath’.