RED DIESEL SUBSIDY REMOVAL – MOBILE REFRIGERATION ON VEHICLES
Published on August 21 2020
In the Chancellor’s March 2020 budget, it was announced that the long-standing tax relief for “red” diesel used in Non-Road Mobile Machinery (NRMM) would be revoked in April 2022, although it would remain for certain industries such as agriculture and fisheries.
There are no viable alternatives to eliminate the need for diesel NRMM in the nationally critical role of distributing chilled and frozen food and pharmaceuticals around the UK. As a result, businesses operating these vehicles risk being exposed to significant future cost rises in their operations. These financial impacts will be felt across supply chains and ultimately could lead to higher prices for customers.
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