Julian Knight MP has welcomed the Government’s decision to freeze fuel duty in this week’s Budget.
As Chairman of the All-Party Parliamentary Group for Fairer Fuel, Julian has been leading the Westminster campaign to prevent further tax rises which would squeeze families, commuters, and small businesses.
Since 2010, the Conservatives’ freeze in fuel duty has saved the average car driver £850, and the average van driver £2,100, compared to the escalator plans the Government inherited from Labour.
Julian also praised the Chancellor’s move to close the VAT tax loophole and make big international companies such as Amazon pay their fair share in tax. Overseas sellers flouting VAT rules are estimated to have cost the Treasury £1.5 billion last year alone.
Commenting on the Budget, Julian Knight said:
“Philip Hammond’s decision to continue our Government’s freeze in fuel duty will have been very welcome news for millions of hard-pressed motorists across the country.
“We need the British economy firing on all cylinders to make the best of Brexit, and I’m glad that the Chancellor agrees with me that heaping extra costs onto the millions of Britons who need to drive for work would have been deeply counter-productive.
“Too often people get the impression that Westminster is all about confrontation, but I’m very pleased that the APPG for Fairer Fuel has brought together MPs from many parties to fight for this important policy.
“The Chancellor is right too to crack down on aggressive tax avoidance by big multinational companies like Amazon. They make huge profits in Britain and must pay their fair share.”