Thursday, October 15, 2015

Doherty welcomes road tax reduction for commercial vehicles

Fine Gael TD for Meath East, Regina Doherty, has welcomed the reduction in road tax for commercial vehicles which was announced this week in Budget 2016.
"Regina Doherty TD, pictured above with local transport company Caffrey International, has said that the reduction in commercial road tax will increase Ireland's competitiveness in the international transport market."



The Ratoath based TD said “Commercial HGV operators will save up to €4,296 per lorry as a result of the changes which were announced earlier this week by Minister Michael Noonan. Savings are even greater when you consider the diesel rebate which we introduced earlier this year. This is superb news for our business operators here in County Meath and right across the country.

“I warmly welcome these changes; previously commercial vehicle operators had to pay up to €5,195 per year in road tax. These savings will support operators to conduct their business in what is a highly competitive market in both Ireland and United Kingdom.

“This is fantastic news for the transport industry and confirms this Government’s commitment to support and encourage competitiveness and job creation for our Irish businesses. Commercial road tax in Ireland is now lower than that in the United Kingdom making the Irish transport industry highly competitive in the international market.”

The TD for Meath East concluded, “I am very excited about the road ahead; these changes in commercial road tax will mean a great deal for our transport businesses and job creation here in Meath.”

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