Chancellor urged to freeze VED in March Budget

The Chancellor is being urged by the British Vehicle Rental and Leasing Association (BVRLA) to introduce a range of measures to encourage the wider adoption of electric vehicles (EVs).

As part of its Budget submission, the trade body has outlined four key asks that it says will support the UK’s drive to decarbonise.

It wants the Government to freeze Vehicle Excise Duty (VED) rates, remove charging VAT disparity, provide foresight on road pricing and introduce a successor to the Green Super Deduction.

Toby Poston, BVRLA director of corporate affairs at the BVRLA, said: “Last autumn, the Government maintained momentum in fleet decarbonisation by delivering greater certainty on supportive Benefit in Kind tax rates.

“Now we are asking them to apply the same logic to other elements of the motoring tax regime.

“Together, these measures would provide a wider boost to business investment in zero emission vehicles and infrastructure.”

The BVRLA says it will continue to engage with policymakers and push for positive change ahead of the Budget on March 15.