BMW makes biggest reduction, lopping almost £7,500 off sportier versions of its i3 model.
Sogo is launching a new salary sacrifice product giving employees access to a new electric vehicle (EV) on a monthly basis.
HMRC says it expects to clarify the tax rules for all fleets after legal process has ended.
The correct zero-emission range (ZER) data for plug-in hybrid (PHEV) models is not readily available to fleet operators when completing P11Ds, according to the AFP.
The Association of Fleet Professionals wants company car tax tables published up to 2030 in next month's Budget to help fleet EV adoption strategies.
Ogilvie Fleet reports record figures following first lockdown lifting and is optimistic about 2021
The British Vehicle Rental and Leasing Association (BVRLA) has written to HM Treasury ahead of the Spring Budget to outline fiscal measures required to support the fleet sector's recovery.
A new zero percentage benefit-in-kind tax rate for electric vans, which takes effect from April 6, has been underpublicised, according to the AFP.
Twice as many electric vehicles (EVs) were registered in 2020 compared to the previous year, with new company car tax rates driving uptake.
Harvey Perkins, director at HRUX, looks at the latest HMRC statistics and asks how Government can sent tax policies when it doesn't have all the data.
The amount of tax collected from company car drivers and their employers by HMRC in the 2018/19 tax year has increased by £170 million (7.5%) to £2.46 billion.
Car fuel benefits are often costly from a tax perspective, because the taxable benefit is fixed and takes no account of the actual private use in the year.
Manufacturers are warning leasing companies that they cannot guarantee company car prices beyond the end of the year, even for some models being ordered now.
The Association of Fleet Professionals says fleets need to be able to plan EV strategies if a ban on the sale of new diesel and petrol cars is brought forward.
Grey fleet has been growing, but the low BIK on BEVs may reverse that
Fleets are adopting electric vehicles (EVs) in record numbers as greater choice and zero benefit-in-kind (BIK) tax boost their appeal to company car drivers.
Paul Hollick, chair of the Association of Fleet Professionals (AFP), looks at the astonishing increase in the adoption of EVs by company car drivers and reflects on concerns around availability.
The number of people paying company car tax has again fallen substantially, with HMRC reporting 30,000 fewer people receiving the benefit.
More than 1,200 car derivatives are currently identified as Alternative Fuel Vehicles (AFVs) and are eligible for tax breaks, according to Cap HPI.
Legislation defining the tax treatment of when a vehicle is a van or a company car has been labelled outdated, unclear and not fit for purposes by tax experts.
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