Plans to help protect jobs announced by the Chancellor, Rishi Sunak, have been welcomed by the fleet and leasing industry.
The Chancellor, Rishi Sunak, will unveil plans later this morning to try and stem job losses after lockdown restrictions were tightened.
By Tanya Sinclair, policy director for the UK and Ireland at ChargePoint
By Alastair Kendrick, company car tax specialist
New company car tax rates will cost the Government £100m in lost revenue over the next two years, while drivers will face higher costs from new CO2 rating.
By Edwin Kemp, associate director Mobility 2030 at KPMG UK
AIA says additional £2.5bn pothole pledge will not be enough to plug the gap in local road maintenance budgets, let alone the rising backlog of repairs.
A new report has found that motorists are deterred from switching to electric vehicles (EVs) as they do not have access to chargers at home.
The Government has pledged £500 million over the next five years to support the rollout of a fast charging network for plug-in vehicles.
In what was a Budget that will impact fleet operations for years to come, the fleet industry has broadly welcomed the measures outlined by the Chancellor.
The plug-in grant for certain electric vehicles (EVs) has been cut with immediate effect, after funding was secured for another three years.
The Chancellor has announced new company car tax rates in a Budget dominated by measures to soften the impact of Coronavirus.
Rumours of a possible hike in fuel duty continue to circulate ahead of the Budget on Wednesday (March 11).
SMMT calls on the Chancellor to use next week’s Budget to announce bold new measures to make new-tech zero emission-capable cars.
Trade bodies call for support measures to help achieve the 2035 zero emissions goal.
By Matthew Walters, head of consultancy and customer data services at LeasePlan UK
Fleets waiting for the Government to rubber-stamp new company car rates may have to wait a little longer with the date of the Budget now in doubt.
The Treasury says that “consumers incentives will continue to play a role beyond 2020”.
Changes to Government company car tax tables, published on its website, suggest tax officials are preparing for new rates to finally be adopted.
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