New BIK rates, which will see the tax paid by employers and employees fall dramatically for the cleanest cars from 2020, have been labelled “ludicrous”.
Salary sacrifice providers are bullish about the industry’s future despite sweeping changes announced in the autumn statement.
Britain’s new National Infrastructure Commission (NIC) is a key step on the road to dramatic improvements in business mobility, says mobility specialist TMC.
Measures announced by the Government in yesterday’s Finance Bill could 'put a brake on' the growth of ultra-low emission vehicles until 2020, warns Alphabet.
Zenith has welcomed the Chancellor of the Exchequer Philip Hammond’s decision to give the "green light" to salary sacrifice schemes during last week's autumn statement.
A small scale study at the University of Nottingham has shown that drivers are quick to accept and grow comfortable with fully automated vehicle technology.
Towns and cities across the country are set to benefit from £3 billion worth of investment on improving roads, the Government has announced.
Tusker has welcomed the partial reprieve for salary sacrifice and claimed many of those now not qualifying for the tax break will not face higher charges.
BVRLA and ACFO welcome changes to company car tax bands announced in the autumn statement, but there are concerns about Government changes to salary sacrifice.
The fleet industry has won a partial reprieve on salary sacrifice, with ultra-low emission vehicles excluded from changes announced in the autumn statement.
The car rental industry could be hit with a tax rise of more than £30m if the Government goes ahead with its plans to change the Vehicle Excise Duty regime.
Autumn statement could have plenty of tax changes for fleets to consider
BVRLA chief executive Gerry Keaney has written to Chancellor of the Exchequer Philip Hammond asking the government to address the unfair tax burden on the vehicle rental and leasing sector.
Industry roundtable delegates fear policy changes may result in return to buying older cars with higher CO2 emissions.
Company car drivers may be waking up to an unexpected tax bill in the next few weeks when they receive their first payslip of the new financial year.
The fleet industry has reacted angrily after being hit with a £1.36 billion bill, thanks to a Government U-turn on company car tax.
Consecutive Budgets and Autumn Statements have included a warning about the popularity of salary sacrifice schemes and their impact on Government tax take.
The chancellor allocates £600m to drive the uptake of electric vehicles, but gives no detail on what that will mean for the future of the plug-in grant.
The Government has delayed the removal of the 3% diesel supplement on company car tax from 2016/17 to April 2021.
The automotive sector is leading Britain’s resurgence as an industrial powerhouse, but needs Government to work with industry to ensure continued success.
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