Fine Gael TD for Meath East, Helen McEntee, has said that changes to commercial motor tax will make a major difference for road hauliers in Meath.
Budget 2016 announced that the number of rates of commercial motor tax will be reduced from 20 to 5 and will now range in cost from €90 to €900 per year, down from a maximum cost of €5,195. These changes come into effect from today and will save many hauliers over €4,000 per year. This is an interim measure pending the replacement of the current commercial motor tax regime with a fairer basis for calculating commercial motor tax.
“Meath has a significant amount of hauliers who, from today will benefit significantly from the reduction in commercial motor tax. Having worked closely with hauliers and Minister Noonan on this matter, I am delighted to see this extremely positive measure come into being. It will make a big difference to hauliers who have endured a tough time since the recession.
“Transportation costs are a major issue for every business in Ireland. These changes will help keep Ireland competitive and directly benefit over 28,500 commercial vehicles nationally and many in County Meath.
“With the economy recovering and the introduction of this measure, I believe that hauliers can look forward to a brighter future. Fine Gael has a plan to keep the recovery going and a key part of this plan is to support businesses who are operating in Ireland and creating jobs.
“This change is extremely important for Irish hauliers, particularly those in areas such as Meath which are not far from the border. These measures will lower the costs of goods and services, and will provide a significant boost to the local economy.
“Irish hauliers compete with businesses in Northern Ireland and the rest of the UK where motor tax up until now has been much lower. This has caused increased costs across the economy and in some cases has driven businesses to register in Northern Ireland.
“The top priority this year is to keep the recovery going in all parts of the country, while providing relief and better services. Many businesses rely on transport to provide a service and I am confident that changes to commercial motor tax will be very much welcomed.”