BIFA supports call to end retroactive port fees
The British International Freight Association said Tuesday it is backing calls from U.K. Conservative leader David Cameron to abandon plans to hit the ports industry with sharp rises in business rates.
The U.K. Valuation Office Agency is levying retrospective rates increases backdated to 2005 on firms operating in ports across England and Wales.
With Cameron estimating the fees would deliver a '124 million tax blow to the ports industry, BIFA said it would seriously damage the country's goods movement industry at a time when international trade is vital to the country's economic recovery.
'While we are a non-political trade body, we will always support comments made by individual politicians that show support for our members and the U.K. forwarding industry in general,' Peter Quantrill, director general of BIFA, said in a statement.
BIFA supports call to end retroactive port fees
