Commercial Diesel Rebate a step in the right direction

Following the recent announcement from Minister Michael Noonan regarding the decision to grant Commercial Diesel Rebate, Freight Transport Ireland has welcomed the statement saying it’s ‘a step in the right direction’ for freight operators.

Following the recent announcement from Minister Michael Noonan regarding the decision to grant Commercial Diesel Rebate, Freight Transport Ireland has welcomed the statement saying it’s ‘a step in the right direction’ for freight operators.

The Minister for Finance revealed that the rebate on diesel is set to take effect from July 1 and will apply to tax compliant licensed hauliers and will be strictly policed so as to ensure that the all beneficiaries are fully tax compliant.

Full details of the scheme (yet to be finalised by the Department of Transport) stated in the initial outline stated that the maximum rebate would be set at 7.5 cents per litre.

As the majority of hauliers in Ireland are relatively small organisations relying on cost effective transport, the initiative is seen by FTAI members as one that will support them and many other small businesses in all sectors of the economy

Declan McKeon, FTA Ireland – Head of Policy Republic of Ireland said: “Freight Transport Ireland (FTAI) believes that this is a step in the right direction, and welcomes initiatives like this which will encourage growth, particularly in view of the current difficult financial climate.”

McKeon added: “We have been in contact with both the Department of Finance and Department of Transport with a view clarification of this move and in order to confirm who it applies to.

FTAI represents a broad spectrum of the freight industry and it is vital that we become involved in any further consultation in order that we understand fully how the initiative will work,” concluded Mr McKeon.

FTA Ireland, which was launched in 2010, is a not-for-profit membership trade association for the Irish freight and logistics industry. It is wholly owned and governed by its members and acts solely in advancing their best interests.

FTA Ireland is a multi-modal trade association, which covers all aspects of private and public freight transport, passenger transport and logistics supply chain, including road, rail, sea, air and public sectors operating in excess of 45,000 goods and passenger vehicles. FTA Ireland’s website can be found at www.fta.ie.