Government is asked to look again at rules governing the new super-deduction capital allowance so that leased vans and trucks qualify for the 130% relief.
HMRC rules for company car tax, based on a vehicle being available for private use, should be changed, according to the Association of Fleet Professionals (AFP).
The super-deduction, says the Treasury, will allow companies to cut their tax bill by up to 25p for every £1 they invest.
Paul Hollick, chair of the Association of Fleet Professionals (AFP) gives his assessment of last month's Budget.
Budget 2021 included an increase in corporation tax which, according to Alphabet, needs to be “carefully considered” by businesses when devising fleet strategy.
The Association of Fleet Professionals (AFP) is launching a tax manifesto that will guide future campaigning of the trade and training body.
New figures show businesses are twice as likely as consumers to make the switch from petrol or diesel, says the Society of Motor Manufacturers and Traders (SMMT).
The number of transport and logistics workers joining the furlough scheme jumped by 18%, or 28,200 employees, between December and January.
A freeze in fuel duty for fleets, but no mention of company car tax - the fleet industry reacts to Budget 2021.
A planned hike in fuel duty, due to take effect next month, has been cancelled by the Chancellor in the Budget.
Government financial support remains vital to the survival of many firms in vehicle rental sector after Covid-19 “destroyed” the leisure market, says BVRLA.
Dr Steve Melia, senior lecturer in transport and planning at the University of the West of England (UWE), and author of Roads Runways and Resistance, says Government focus should be on reversing fuel duty cuts.
Fleet News survey shines light on fuel duty and VED alternative as ‘certainty’ tops fleet wish-list for Wednesday's Budget.
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.
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