Fleet News

Fleets get taxation advice

THE Inland Revenue continued its ongoing campaign to educate company car drivers about CO2-based company car tax at the show. A spokesman for the Inland Revenue said: 'People will be able to pick their new company car at the show and then let us give them an estimate of the amount of tax they will have to pay for it.'

They were appearing just a week after allegations that officers from the revenue were routinely misinforming fleet managers about the future shape of company car tax, which prompted a high-level investigation.

The Lex Vehicle Leasing 2000 Report on Company Motoring revealed that about a third of fleet drivers were unaware of the tax, despite the fact that under traditional replacement cycles, if they move into a new car this year they will still be in the vehicle when the new tax system is launched.

The Inland Revenue is also providing information on how drivers can use their own car for company business and the allowances they will be able to claim.

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