HMRC - Page 3

BVRLA director of corporate affairs, Toby Poston, at Transport Select Committee hearing into road pricing

New Chancellor needs to see the benefit of backing EV fleets

BVRLA director of corporate affairs, Toby Poston, says that a supportive tax environment is critical to maintaining EV adoption rates.

3 Oct

New HMRC data shows 80,000 fewer company car drivers

Newly published figures show the number of employees now paying benefit-in-kind (BIK) tax on a company car has fallen by a quarter (25%) since 2015/16.

benefit in kind BIK 29 Sep

Pile of pound coins on top of £5, £10 and £20 notes

Mini-Budget: Basic rate of income tax cut from 20% to 19%

The Chancellor announced a series of tax cutting measures in his mini-Budget today (Friday, September 23) aimed at easing the cost-of-living crisis.

23 Sep

Majority of fleets believe AER should be 10ppm or more

Just one in eight drivers (12.2%) thinks that the current 5ppm reimbursement rate reflects the true cost of charging an EV, according to a Fleet News poll.

electric fleet - charging and infrastructure 1 Aug

Mileage reimbursement figures out of date within days of issue

Latest advisory fuel rates issued by HMRC have left employees short-changed within days of being published.

fuel and fuel cards 9 May

Fuel duty receipts up 24% year-on-year

However, the newly published figures from HMRC show that they were down on the £27.6bn collected before the pandemic.

26 Apr

Spring Statement could bring some relief for fleets at the pumps

The cost-of-living crisis, exacerbated by the war in Ukraine, means the pressure is on the Chancellor, Rishi Sunak, to help households and business.

Spring Statement 22 Mar

Many contend that road pricing can’t be put off any longer – it’s time to act

Andy Eastlake, CEO of the Zemo Partnership, examines the case for road pricing.

road pricing 12 Nov

Support for road pricing to counter fuel tax losses, survey suggests

An alternative road tax system based on distance travelled is supported by half (53%) of motorists, research from Venson Automotive Solutions suggests.

21 Sep

HMRC tax take increases despite fall in number of company cars

The average tax take from a company car has increased by £274 per vehicle, breaking the £3,000 barrier for the first time, new figures from HMRC suggest.

benefit in kind BIK 15 Sep

Attractive BIK tax regime sparks salary sacrifice revival

Fleet leasing industry reports a growing, ultra-low emission company car parc, with plug-in vehicles being adopted in record numbers.

electric fleet - benefit in kind 13 Sep

The company car: the dawn of a new era?

Paulo Larkman, fleet consultant at Hitachi Capital Vehicle Solutions, examines whether the number of company cars could surpass the one million mark in 2023/24.

electric fleet - benefit in kind 13 Sep

Company car tax clarity ‘needed’ beyond 2025

Government urged to reveal BIK tax rates beyond 2024/25, with fleets wary they could face a substantial hike in an effort to claw back lost revenue.

electric fleet - benefit in kind 10 Aug

HMRC data suggests dramatic decline in company car drivers

The number of people paying company car tax has again fallen substantially, with HMRC reporting 70,000 fewer people paying for the benefit.

29 Jul

Laing O’Rourke fails in bid for relief on grey fleet mileage payments

Ruling is contrary to previous similar case won by Total People at the Court of Appeal.

Grey Fleet 26 Jul

HMRC clarifies VAT treatment for charging electric vehicles

HMRC has clarified the tax policy concerning the VAT treatment of the charging of electric vehicles (EVs) via public charge points and at home.

electric fleet - charging and infrastructure 27 May

AFP wants HMRC to update company car tax ‘available to use’ rule

HMRC rules for company car tax, based on a vehicle being available for private use, should be changed, according to the Association of Fleet Professionals (AFP).

Association of Fleet Professionals (AFP) 14 Apr