Transport Committee says Government cannot ignore “fiscal black hole” from falling fuel duty receipts.
the two percentage-point saving for WLTP-rated cars doesn’t offset the rise in CO2 emissions over NEDC-correlated cars
Chancellor says response will be made ‘in the coming months’, leaving fleets in limbo
The Spring Statement has failed to deliver any clarity for the fleet and leasing industry over future tax rates.
Fleets may have to wait beyond the Spring Statement to find out whether the Government will make changes to company car tax and vehicle excise duty (VED).
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 Chancellor of the Exchequer is expected to announce an additional £420 million to tackle the growing pothole problem in this afternoon’s Budget.
By Gary Smith, managing director of Europcar UK Group
Fleets are rethinking vehicle choices as a result of an increase in BIK tax and vehicle excise duty based on new vehicle engine testing standards.
Chancellor makes spring statement commitment to consult on reducing Vehicle Excise Duty (VED) for environmentally friendly vans.
Funding Roads for the Future says the existing model based on raising funds through fuel duty, vehicle excise duty, and the HGV levy is failing
University of Buckingham Business School's Colin Tourick gives advice on how to set out your 2018 business strategy with a cunning SWOT analysis plan.
Zenith welcomes clarification from the Chancellor which they say will help the fleet industry plan with more confidence
The medium-term rental specialist says that the new regime creates too many anomalies when it came to low emissions.
The possibility of the company car being labelled ‘outmoded’ and only being provided to essential users was put forward by one fleet decision maker at the March 2017 Fleet200 breakfast meeting.
Regal Rentals is calling on the Government to reconsider planned changes to the Vehicle Excise Duty (VED) over fears it could cost the industry £14 million.
The British Vehicle Leasing and Rental Association (BVRLA) has called on the Government to defer or stagger the VED increases planned for April.
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