Legislation - Page 21

The Chancellor George Osborne will outline the Government's spending plans and future taxation policies today from 12.30pm. Watch how events unfold and follow the latest comment and analysis live here.

The British Vehicle Rental and Leasing Association is urging the government to apply its ‘fair and simple’ approach to motoring taxation.

Her Majesty's Revenue and Customs (HMRC) will check the mileage records of thousands of small fleets as part of a drive to boost revenue collection by £120 million over the next three years.

Campaigners have called on the Chancellor to defer a planned 20 pence per litre tax increase on sustainable biodiesel produced from used cooking oil, as London taxi drivers who will be affected by the change sounded their horns in protest outside the Treasury.

Fleets should forget about any respite from record pump prices after Chancellor George Osborne appeared to reject a further cut in fuel duty.

Chancellor of the Exchequer George Osborne should review company car benefit-in-kind tax levels for employees who choose to drive low emission models in the 2012 Budget on March 21.

Campaigners have accused the Treasury of ‘not doing its homework’ after analysis by the Save our Sustainable Biodiesel campaign identified a lack of demand for biodiesel certificates, calling into question the Treasury’s plans to switch incentives for used cooking oil biodiesel from April 1, 2012.

ACFO has questioned why new Advisory Fuel Rates (AFRs) have not changed for diesel powered cars with an engine size between 1,601cc and 2,000cc.

Initial findings from an independent report by the Centre for Economics and Business Research supports the Freight Transport Association's assertion that cutting fuel duty would be good for business, promote economic growth, create jobs and have only a negligible impact on the Treasury's fuel tax take.

MHA MacIntyre Hudson LLP predicts that the Budget on March 21, 2012 will contain unwelcome news for company car drivers as the Government commits to new taxation plans.

MPs on the cross party Transport Select Committee have warned the Government it must do more to show that transport expenditure plans involve a fair allocation of resources across the nation.

The IAM is warning that from 1 July this year all drivers visiting France will need to carry a breathalyser kit in their cars, as French drivers will have to.

The price of diesel has hit a record high having rocketed by 10pence per litre (ppl) in just 12 months – an inflation-busting 7% rise – reports RMI Petrol

The Freight Transport Association (FTA) has called on the Chancellor to cut fuel duty by at least five pence per litre and scrap the increase planned for August.

Employers offering company car salary sacrifice arrangements to their employees should ensure they are correctly structured and operated, following a recent tax case.

The UK Government must drop its drive for biofuels or British motorists will face paying up to £2bn extra at the pump per year by 2020, ActionAid UK and Friends of the Earth have warned.

Campaigners have warned that the Treasury can expect 50 days of opposition ahead of a planned April tax rise on sustainable biodiesel made from used cooking oil.

Following industry's criticism of proposals to scrap the Road Equivalent Tariff (RET), Scottish Government has agreed to extend fare savings to commercial vehicles of six metres. But, FTA asks, why not lorries?

Lex Autolease expects more than four out of 10 company cars will result in increased fleet and driver costs when the qualifying low emissions car (QUALEC) threshold of 120g/km is abolished in April.

Training to help employees understand the UK Bribery Act will help companies to meet the new British Standard BS 10500, according to Cardinus Risk Management.

Tough new measures to crack down on drivers who abuse the disabled parking system - including a new Blue Badge design which is harder to forge - will come into force on 1 January, Transport Minister Norman Baker has announced.

Tyre manufacturers are still in the dark about how the forthcoming European Union (EU) tyre labelling regulation will be policed.

More than nine out of ten people who responded to the Government’s own “red-tape challenge” and who raised the MOT issue opposed proposals to reduce testing frequency, according to DfT papers released today.

IAM chief executive Simon Best said: “We welcome the changes to reduce motorists’ red tape.

The BVRLA is calculating fleets could save time and money thanks to greater choice and flexibility in how they deal with the DVLA, after proposals were published by the Government.

Drivers are to be released from reams of red tape currently required by government, Transport Secretary Justine Greening announced today.

HMRC has set AMAP rates for electric vehicles at the same level as diesel cars – 45p per mile up to 10,000 miles.

Nine out of 10 companies would risk penalties if a tax inspection looked at their business mileage records, estimates TMC.

ACFO has repeated its call for Government officials to complete a robust analysis, including financial modelling, of the Approved Mileage Allowance Payments (AMAP) system as part of a comprehensive review.

The refusal by HM Revenue and Customs (HMRC) to reveal advance benefit-in-kind thresholds is causing concern that company car drivers could be seen as an easy target to help repay the deficit.

ACFO has called for the ‘totally unjustified’ 3% diesel company car benefit-in-kind tax surcharge to be scrapped in discussions with Government officials.

Volvo Car UK has welcomed the announcement from HM Revenue and Customs (HMRC) which means its new V60 Plug-in Hybrid will be classed as a ‘hybrid' for tax purposes when it arrives next year.

Tax expert questions whether 3% supplement should apply to new technology.

The Institute of Public Policy Research's econometric model for road transport shows that as a result of vehicle electrification fuel duty revenues will more than halve in real terms by 2030 – by at least £10bn.

Simon Down, senior manager, global employer services, Deloitte LLP, on company car taxation.

Experts claim Government will find ways to maintain tax take from company cars.

Unnecessary Whitehall bureaucracy will be tackled and costs for councils reduced following the biggest review into Britain's traffic signing system for 40 years.

Colin Tourick has published a new book, Company Car and Van Tax 2011-12, in association with ALD Automotive and KPMG.

Original decision is overruled as HMRC wins appeal.

Recently the UK government unveiled a new idea which could tackle the problem of roadworks and the resulting traffic jams. The proposal suggests that utility companies could pay a ‘lane rental' fee to the council if they choose to dig up the road during busy times.