Government's Brexit turmoil leaves company car owners still seeking answers
Volvo has a new front-wheel-drive diesel version of the XC60, which offers fleet customers lower benefit-in-kind tax.
Employees in increasing numbers are opting to take cash in lieu of a company car amid year-on-year rises in company car tax, risking the Government’s green agenda.
Fleet News with BVRLA, ACFO and other industry stakeholders call on fleets and their drivers to comment on Government review of company car taxation rates.
Fleet decision-makers still have time to comment on a Government review into the impact of WLTP on VED and company car tax.
The Government is being warned that a failure to recognise the impact of WLTP on tax could cause long-term damage to the fleet sector and the environment.
Fleets should press the Treasury to scrap the 4% diesel surcharge next year to mitigate the impact of the new emissions testing regime on tax, says TMC.
The fleet industry will have to wait until the spring to see how the Government intends to mitigate the impact of WLTP on company car tax and VED.
Cap HPI is calling for a company car tax re-think in the upcoming budget.
The Committee on Climate Change is calling on the Government to bring forward the 2% tax rate for pure electric company cars.
Fleets have just a few weeks left before they will find out how the Government intends to mitigate the impact of WLTP on future company car tax rates.
Emissions data deadline has done little to boost fleet confidence
A lack of clarity over future company car tax rates, thanks to the introduction of WLTP, is leading to a rise in daily rental bookings, says Epyx.
Stephen Briers questions whether Treasury will listen to fleet's concerns as company car drivers face hefty BIK payments
The Government’s ‘misguided’ company car tax policy is depressing sales of electric cars at a time when they should be starting to increase, says Fleet Evolution.
Uncertainty surrounding the impact of the new WLTP emissions test on company car taxation is resulting in some large fleets extending leasing contracts.
ACFO has urged the Chancellor to focus on removing old, polluting diesel vehicles from the UK’s roads, rather than targeting new company cars.
Manufacturer discounts of up to 35% on some new cars have called into question the relevance of the P11D price in company car tax calculations.
Areas covered in LeasePlan’s latest guide include: Optional Remuneration Arrangements, company car tax, Lease Accounting Standard and WLTP.
Drivers’ ignorance of benefit in kind tax charges is proving a boost to the taxman.
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