Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

British to Cut Truck Taxes in Half

As the heated debate continues on whether Britain should compensate those hit by the high cost of fuel, oil giant BP Amoco takes their record earnings public

by Staff
November 7, 2000
2 min to read


As the heated debate continues on whether Britain should compensate those hit by the high cost of fuel, oil giant BP Amoco takes their record earnings public.

Chancellor Gordon Brown is under pressure to include concessions for fuel users in his pre-Budget statement today, which could mean things are looking up for truckers.
In an attempt to head off new protests, it is being reported that he could announce that taxes on trucks will be cut in half, saving truckers around $1,430 per vehicle every year.
According to published reports, Brown is scheduled to announce the concession in today’s pre-Budget report. The current tax on Britain's 68,000 38-ton, five-axle rigs is $3,878 per year, but Brown’s plan claims it will drop between $2,289 to $2,432. The costs of discs for 40-ton, five-axle trucks often used for overseas work will drop by $2,861 to around $3,434.
The move will cost the Treasury $429 million, reports said.
Brown plans to make up some of that by introducing a "Brit disc," charging foreign trucks to travel on Britain's roads.
A Treasury spokesman refused to comment on Brown’s report prior to the announcement, but Shadow Cabinet Office Minister Andrew Lansley said that, if true, the proposals would show ministers' policy had been wrong since taking office.
"For two and a half years we have told the Cabinet they have been damaging our haulage industry with their high taxes," Lansley said. "If Gordon Brown offers these concessions now under pressure from fuel protesters, he will just demonstrate that the Government has been wrong for over two years."
Shadow Transport Minister Bernard Jenkin accused the government of "buying off the protests groups with their stealth tax surplus."
Meanwhile, surging oil prices in the U.K. are pumping record profits into oil giant BP Amoco for the fifth successive quarter.
According to Reuters, the U.K.-based oil giant raised its quarterly dividend to 5.25 cents from 5 cents. With an extra contribution from acquisitions, third quarter earnings grew in line with forecasts by 94 percent to $3.796 billion.

Topics:Equipment

More Equipment

Western Star pulling double trailers in the Permian Basic for Atlas Energy Solutions
Fleet Management•by Deborah Lockridge•October 30, 2026

Kodiak Lines Up Fleets for Driverless Trucking

An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.

Read More →
A GP Transco tractor-trailer crosses a bridge over a river, with trailer side skirts visible beneath the white trailer.
Fuel Smarts•by Deborah Lockridge•October 27, 2026

How GP Transco Builds Fuel Savings a Fraction at a Time

Aerodynamic specs, solar panels, and driver incentives help GP Transco turn small efficiency gains into savings it can reinvest in its people.

Read More →
YouTube thumbnail showing man being interviewed and backup camera and in-cab screen showing backup video
Safety & Compliance•by Deborah Lockridge•October 23, 2026

More Trailer Data Through the Same Seven-Way [Video]

Can trucking’s standard seven-way connector handle more cameras and trailer data? Grote’s Adam Slade shows HDT how the company is using new technology with its 4See trailer system, not only to add a new backup camera but also to expand other capabilities — without adding another connection.

Read More →
Ad Loading...
Rear view camera on back of a semi trailer
Equipment•by Deborah Lockridge•October 23, 2026

Grote: More Cameras, Same Seven-Way Connector

The next-generation 4See rear-view backup camera from Grote uses the standard seven-way connector and supports additional cameras and other trailer data.

Read More →
wide angle photo of trade show booth with big "Mack" sign above, red Mack truck in the foreground
Equipment•by Deborah Lockridge•October 20, 2026

Trucks at ATA's 2026 MC&E in Charlotte, North Carolina [Photos]

From rigs decked out in patriotic America's 250 paint schemes to autonomous trucks and more, check out these photos from ATA's 2026 Management Conference & Exhibition.

Read More →
2027 HDT Top 20 Products logo beside “Nominations Open” text and images of 2026 award winners: a Cummins engine, Lytx dash cam, and Michelin truck tire.
Equipment•by Staff•October 16, 2026

Help HDT Find Trucking’s Top Products

Have you come across a new product that could make a difference for trucking fleets? Nominate it for HDT’s 2027 Top 20 Products Awards by November 9.

Read More →
Ad Loading...
Yellow Volvo VNS heavy-haul sleeper truck with rugged tires and prominent grille, parked at night on a snow-covered lot beside a black truck, with a Volvo construction machine on a trailer behind it.
Equipment•by Wayne Parham•October 14, 2026

Volvo Unveils New VNX Heavy-Haul and Vocational Truck

Volvo Trucks has launched the VNX, a new vocational truck also available as a tractor in day cab and two sleeper configurations, with one heavy-haul model. The Volvo VNX is powered by Volvo's D13 platform, which delivers up to 540 horsepower and 1,950 pound-feet of torque and is EPA 2027-compliant.  

Read More →
Youtube thumbnail showing two people with a truck and the word "fuel" behind them, the HDT Talks Trucking logo, and the words "Small Gains. Big Savings."
Fuel Smarts•by Deborah Lockridge•October 12, 2026

How GP Transco Cuts Trucking Fuel Costs, a Tenth of a Gallon at a Time

What’s another tenth of a mile per gallon worth? GP Transco shares how equipment upgrades and driver coaching turn small gains into meaningful fuel savings.

Read More →
Photo of electric OrangeEV terminal tractor with a Lazer Logistics trailer
Equipment•by Staff•October 6, 2026

Electric Yard Tractors Move Beyond Pilots

Operating-cost savings have overtaken sustainability goals as the leading reason surveyed fleets are adopting battery-electric terminal tractors, according to new NACFE research.

Read More →
Ad Loading...
Two truck tires with a muted highway background
Maintenance•by News/Media Release•October 2, 2026

Continental Introduces New Regional Truck Tires

Continental says its new Generation 5 steer and drive tires for regional operations offer longer tread life, with estimated mileage gains of 22% and 19%, respectively.

Read More →