VED - Page 2

Fleets split over road pricing plan to replace tax losses

Fleet News survey shines light on fuel duty and VED alternative as ‘certainty’ tops fleet wish-list for Wednesday's Budget.

road pricing 1 Mar

Treasury 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).

electric and hybrid vehicles 18 Dec

Government 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.

29 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: 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

Budget 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).

10 Mar

Up 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.

18 Feb

MPs to launch inquiry into road pricing

Transport Committee says Government cannot ignore “fiscal black hole” from falling fuel duty receipts.

10 Oct

BIK 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

25 Jul

BIK/VED uncertainty not resolved by the Spring Statement

Chancellor says response will be made ‘in the coming months’, leaving fleets in limbo

29 Mar

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.

13 Mar

Fleets 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).

11 Mar

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.

14 Feb

WLTP 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.

4 Feb

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.

28 Jan

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.

23 Jan

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.

29 Oct

Government launches consultation on new road tax regime for vans

Government wants vehicle excise duty (VED) for vans to be graduated according to their emissions in the same way it is for cars.

15 May

Rental: Extra costs must pass to customers

By Gary Smith, managing director of Europcar UK Group

8 May