Car makers have broadly welcomed today's Budget announcement but have some criticisms. Mike Hawes, SMMT Chief Executive, said, “Government has recognised the automotive industry as a pillar of national strategic importance, backing it with an industrial strategy and additional £1.5 billion to drive competitiveness and investment. Deferring the end of … [Read more...]
Division over “split-level” electric rates for fleets
Fleets need rapid clarification on how to apply the “split-level” Advisory Electric Rates put in place by HMRC in September, says the Association of Fleet Professionals. Paul Hollick, chair at the industry body, says the move – which provides an AER of 8 pence per mile for domestic charging and 14 ppm for highway charging – had left electric company car … [Read more...]
