CILT has been notified by the government, that the HGV Levy is to be suspended for 12 months from 1st August 2020.
This will reduce financial liabilities for UK and foreign hauliers operating in the UK from 1st August to facilitate economic recovery after Covid-19.
The Levy will be suspended until 31st July 2021.
In a statement to industry, a government spokesperson said: "The haulage industry is critical to keeping the country moving and plays a key role in supporting our economy recovery and growth. The suspension of the Levy is intended to provide some relief to hauliers, given the difficulties faced by the sector during the pandemic."
Hauliers do not need to do anything to benefit from the 12 month suspension. A Levy rate of zero will automatically apply at a vehicle’s normal VED/Levy renewal date from August onwards so that each vehicle will benefit from 12 months of zero Levy.
During this 12 month hiatus, the government will take the opportunity to review the HGV Levy and ensure that it continues to meet the government’s current and future objectives. They will be working with freight representative groups in the development and re-shaping of the Levy in the coming months.
Further information on this suspension can be found here.