Fleet News

Budget 2004: Plea for more 3yr warnings

THE Government should extend its 'three-year warning' on company car tax rates to reflect growing fleet replacement cycles, according to a leading industry figure.

Nick Brown, managing director of Black-i Vehicle Management, is urging the Government to give the fleet industry even more certainty about tax rates.

He said: 'Replacement cycles are lengthening from a traditional three-year period well into a fourth year. As a result, I would urge the Chancellor of the Exchequer to announce company car tax scales for a period of four years which would remove all tax uncertainty for drivers.'

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