benefit in kind BIK - Page 5

WLTP CO2 emissions and 2020/21 BIK data now available in Fleet News tools

The Fleet News car running cost tools have been updated to reflect the switchover to WLTP CO2 emissions data and the new 2020/21 benefit-in-kind (BIK) bands.

16 Apr

Coronavirus: HMRC to publish company car tax guidance

HMRC says it will publish official company car tax guidance to reflect clarification given to Fleet News in light of the coronavirus lockdown.

7 Apr

New company car tax rates kick in

New benefit-in-kind (BIK) tax rates will apply to all new company cars registered from today (April 6), including a zero-percentage rate for pure EVs.

6 Apr

Coronavirus: HMRC company car tax clarification welcomed

Tax experts at MHA MacIntyre Hudson have welcomed HMRC’s clarification on benefit-in-kind (BIK) tax rules as fleets come to terms with life under lockdown.

2 Apr

Coronavirus: Company car tax benefit questioned during pandemic

Calls are being made for HMRC to examine the impact of the coronavirus lockdown on benefit-in-kind (BIK) taxation for company drivers.

1 Apr

Budget 2020 analysis shows true company car cost

New company car tax rates will cost the Government £100m in lost revenue over the next two years, while drivers will face higher costs from new CO2 rating.

1 Apr

Budget 2020: Positive policy announcements, but some missed opportunities too

By Edwin Kemp, associate director Mobility 2030 at KPMG UK

1 Apr

Cap 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.

16 Mar

Budget 2020: Fleet industry reacts to the Budget

In what was a Budget that will impact fleet operations for years to come, the fleet industry has broadly welcomed the measures outlined by the Chancellor.

12 Mar

Budget 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.

12 Mar

New 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.

11 Mar

Zenith electric vehicle orders up 300%

Zenith is reporting a massive increase in orders of electric vehicles (EVs) thanks to changes to company car tax rates.

3 Mar

Fleet Alliance reports huge growth in ULEVs

Drivers looking to benefit from lower BIK tax bills has resulted in a huge growth in ultra-low emission vehicle (ULEV) orders at Fleet Alliance Group.

26 Feb

Gaps in CO2 data ‘remains difficult’ for leasing sector

Leasing companies, which typically receive the CO2 data from third-party providers, are estimating emissions or trying to bring forward deliveries.

24 Feb

Data is the key to managing change

By John Clay, head of vehicle identification at Cap HPI

24 Feb

Ideal time to review fleet policies, says Fleet Logistics UK

Uncertainty surrounding the impact of a new emissions testing regime and planned restrictions on the sale of fossil fuel and hybrid vehicles make policy review essential.

21 Feb