HGV ‘road tax’ 12-month holiday sees VED cut to £1

Many haulage firms will have their vehicle tax bills slashed to just £1 in a move aimed at keeping transport costs down, writes Carol Millett. The government has announced that, until 30 June 2027, most HGVs will qualify for a temporary reduced vehicle tax rate of £1 for 12 months. If your vehicle is eligible, […] The post HGV ‘road tax’ 12-month holiday sees VED cut to £1 appeared first on Transport News. This development represents an important milestone for the European freight and supply chain ecosystem, emphasizing the critical role of modern navigation and routing technology in current corridors.