Tag: PRA
Positive reactions – UK automotive industry upbeat about 2020 budget
As we have seen, when the Chancellor of the Exchequer, Rishi Sunak, presented his first Budget to Parliament it contained a number of potential automotive demand drivers. But how has the industry responded to the proposals? Here are some of the reactions of the various sectors of the automotive industry.
PRA appeals to government for ATM fee reform
The PRA has sent the chancellor, Rishi Sunak, and the Right Honourable the Lord Tyrie, chairman of the CMA, the case for government intervention in the reform of unfair changes to ATM usage fees. Many other organisations have also raised their concerns, including the Federation of Small Businesses (FSB), the Association of Convenience Stores, and consumer group Which?
PRA urges Chancellor to cut road fuel tax by 2ppl
The PRA has written to Sajid Javid MP, the Chancellor of the Exchequer, a case for cutting road fuel duty by 2 pence per litre in the first Budget of the new Government.
PRA welcomes the prospect of Budget fuel duty cuts
Senior sources have confirmed that the Government would announce the 2ppl fuel duty cut later this year - the first reduction of the motoring tax in eight years. “The PRA has welcomed hints carried by national media that the Treasury may be considering fuel duty cuts in the upcoming Autumn Budget”, said Brian Madderson, chairman of the Petrol Retailers Association (PRA).
PRA ‘disappointed’ by Supreme Court decision on ATMs and rates
“The PRA is disappointed to see that the Supreme Court has agreed to allow the government’s Valuation Office Agency (VOA), the right of appeal against last year’s defeat in the long-running dispute with major supermarkets over business rates and ATMs.”, said Brian Madderson, chairman of the Petrol Retailers Association (PRA). In November 2018 the Court of Appeal ruled that ATMs located both inside and outside of stores should not be assessed for additional business rates on top of the normal store rates costs, retailers are already facing. The VOA appealed on the grounds that ATMs facing outward shouldn’t be exempt, and should count towards overall business rates, making the bills higher.
PRA urges Treasury to clarify new small business rates relief scheme
The Petrol Retailers’ Association (PRA) is seeking urgent confirmation from the Treasury that petrol filling stations (PFS) will be eligible for small business rates relief announced in the Budget. This request comes after some confusion in the 2013 Budget, when the Treasury did not specifically include PFS as one of the eligible business categories. The PRA had to intervene to obtain formal confirmation that, subject to State Aid de minimis limits and the rates threshold, the discount scheme was applicable.
PRA, CWA urge crackdown on tax evasion in the hidden economy
In their joint budget submission, the PRA and CWA have highlighted concerns that the hand car wash sector should be paying up to £1.45 billion per year in tax, and this is not being collected by HMRC.
PRA calls for investment in charging infrastructure
The Petrol Retailers Association (PRA) is calling for government to offer grants to retailers for investment into charging infrastructure, following news that the Automated and Electric Vehicles (A&EV) Bill has passed its third reading in the House of Commons.
Strong sterling protecting motorists – for now
The Petrol Retailers Association (PRA) has warned independent forecourt operators, that a fall in the strength of sterling could potentially see petrol back to 130ppl in the spring.
Chancellor “is planning tax hike for diesel” says PRA
Drivers of diesel engine cars are likely to face a hike in fuel price, according to the Petrol Retailers Association (PRA). Chairman Brian Madderson states that the association “has been informed by a well-placed parliamentary source, that the Chancellor is likely to announce a 1ppl increase to fuel duty for all diesel drivers in this week’s Autumn Budget. This would be a thinly disguised tax grab using air quality issues as justification.”
PRA urges chancellor to cut fuel duty in Autumn Budget
The Petrol Retailers Association (PRA) has written to the chancellor of the exchequer urging him to not just freeze, but cut fuel duty by 5ppl in the Autumn Budget this month.
PRA warns government over premature mandating of charge points installation
At the end of October, the Petrol Retailers Association (PRA) was invited to give oral evidence to the Automated and Electric Vehicles Bill Committee.
‘Outlook for UK pump prices uncertain’ – PRA
The recent rise in fuel prices in the UK is likely to see more fluctuation, but predictions suggest that diesel may continue to rise ahead of petrol. “Much of the sharp upswing in the UK wholesale cost of petrol, caused by a big surge of global prices in the immediate aftermath of the hurricane, was absorbed by retailers such that average pump prices only rose by just over 2.0pp,” commented Brian Madderson, chairman of the Petrol Retailers Association (PRA).
Petrol retailers warn of fuel price increases following Hurricane Harvey
Fuel prices in the UK will rise following the devastating impact of Hurricane Harvey on the Texan coast, according to the Petrol Retailers Association. Brian Madderson, chairman of the PRA, explained that UK wholesale prices had increased immediately as the storm hit the region.
UK automotive sector reacts to the Queen’s Speech
It did not take long for various sectors of the automotive industry and aftermarket to voice their reactions to the Queen’s speech at the opening of Parliament on Wednesday. One such reaction came from Brian Madderson, Chairman of The Petrol Retailers Association (PRA). He said: “The PRA has raised concerns directed at the government’s announcement that large retailers and motorway service areas (MSA) will be required to install electric charge points”.