VED
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Electric fleet news 18 Dec 2020Treasury report warns of tax take threat from electric vehicles
The Government has admitted in a new report that tax revenues are at significant risk from the switch to electric vehicles (EVs).
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Tax and legislation news 29 Apr 2020Government extends VED overhaul consultation
The Government has extended is call for evidence on whether the Vehicle Excise Duty (VED) system should be overhauled to encourage the greater uptake of low-emission vehicles.
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Fleet industry news 16 Mar 2020Cap HPI says industry ready for WLTP
Cap HPI says it will be ready for the introduction motoring taxes based on the emissions test in April 2020.
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Tax and legislation news 12 Mar 2020Budget 2020: BVRLA welcomes support for fleet and leasing industry
The British Vehicle Rental and Leasing Association welcomes the range of electric vehicle (EV) grants and tax incentives in the Budget.
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Tax and legislation news 11 Mar 2020New company car tax rates announced
The Chancellor has announced new company car tax rates in a Budget dominated by measures to soften the impact of Coronavirus.
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Fleet industry news 10 Mar 2020Budget 2020: Future of fuel duty freeze
Rumours of a possible hike in fuel duty continue to circulate ahead of the Budget on Wednesday (March 11).
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Fleet industry news 18 Feb 2020Up to 250,000 grey fleet vehicles could be avoiding VED
Up to a quarter of a million grey fleet vehicles could be evading Vehicle Excise Duty (VED), with a potential financial risk of £18m in fines according to Licence Bureau.
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Fleet industry news 10 Oct 2019MPs to launch inquiry into road pricing
Transport Committee says Government cannot ignore “fiscal black hole” from falling fuel duty receipts.
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Editor's view: The Big Picture 25 Jul 2019BIK announcement is good and bad news, says Stephen Briers
the two percentage-point saving for WLTP-rated cars doesn’t offset the rise in CO2 emissions over NEDC-correlated cars
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Fleet industry news 29 Mar 2019BIK/VED uncertainty not resolved by the Spring Statement
Chancellor says response will be made ‘in the coming months’, leaving fleets in limbo
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Fleet industry news 13 Mar 2019
Spring Statement: WLTP consultation response to be published in “coming months”
The Spring Statement has failed to deliver any clarity for the fleet and leasing industry over future tax rates.
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Fleet industry news 11 Mar 2019Fleets may have to wait for WLTP clarity
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).
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Fleet industry news 14 Feb 2019
Last chance for fleets to influence company car tax consultation
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.
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Tax and legislation news 4 Feb 2019WLTP consultation: fleets have two weeks to respond
Fleet decision-makers still have time to comment on a Government review into the impact of WLTP on VED and company car tax.
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Fleet industry news 28 Jan 2019
Government considers ‘doing nothing’ to BIK to offset WLTP
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.
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Fleet industry news 23 Jan 2019
Scrap diesel company car tax surcharge to mitigate WLTP, says TMC
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.
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Fleet industry news 29 Oct 2018
Budget 2018: VED to be ring-fenced for roads funding
The Chancellor of the Exchequer is expected to announce an additional £420 million to tackle the growing pothole problem in this afternoon’s Budget.
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Opinion 8 May 2018Rental: Extra costs must pass to customers
By Gary Smith, managing director of Europcar UK Group
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Fleet industry news 15 Mar 2018Desire to see RDE2 diesels grows as higher BIK and VED duties loom
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.
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Fleet industry news 13 Mar 2018Spring Statement: Industry welcomes chancellor's VED announcement on cleaner vans
Chancellor makes spring statement commitment to consult on reducing Vehicle Excise Duty (VED) for environmentally friendly vans.
