Britain’s drive towards zero emissions is slowing down. Today, the Government announced a relaxation of electric vehicle sales targets to help the car industry in the face of trade tariffs from the US and a slow take up for pure electric cars with manufacturer incentives costing them millions of pounds. It is what the motor industry and component suppliers … [Read more...]
More taxing times from today for new car owners
Less than half (48%) of drivers are aware of April’s increase in first-year rates for Vehicle Excise Duty (VED) - despite facing potentially substantial increases. As a result, drivers buying new cars this year might not fully understand the costs involved, meaning they could be choosing vehicles they can’t afford without realising it. VED is the yearly … [Read more...]
Personal plates you can lose overnight – and forever
Thousands of private number plate owners will forever lose their registrations due to a rigid DVLA rule that provides no second chances, even if an owner was never properly notified, says a Welsh specialist business. Many retained plates are already expiring and the government has made it clear that once they’re gone, they won’t be reinstated. Antony … [Read more...]
Statement gives some motorists relief
Motorists can get some relief from today's Spring Statement by the Chancellor. John Cassidy, Director of Sales at Close Brothers Motor Finance said, “The Chancellor reconfirming her pledge to extend the freeze of fuel duty, as well as the temporary five pence cut, until March 2026, will offer a glimmer of relief to motorists concerned about the soaring cost … [Read more...]
Nearly 3 million drivers overpaying car tax
A new study has found that 2.9 million UK drivers pay more for their Vehicle Excise Duty car tax than necessary, simply because they’re unaware of a 5% surcharge applied to their payments by the DVLA. Drivers who choose to spread the cost of their car tax through monthly direct debit instalments have to pay this 5% surcharge, meaning they end up paying … [Read more...]
EV salary sacrifice cuts business costs
Businesses and can slash their costs if they move to make EV salary sacrifice schemes. The electric vehicle salary sacrifice schemes will offset Rachel Reeves's upcoming tax increases in April and companies have been seeking ways to minimise the impact of the Chancellor's controversial National Insurance hike, which will rise from 13.8 per cent to 15 per … [Read more...]
Havana Syndrome and managing old diesel vans
A new white paper from FleetCheck launched this week is designed to help fleets prepare for an ageing of their diesel vans caused by the Zero Emissions Vehicle Mandate. The document explains how current vehicle operator resistance to van electrification, coupled with increasing shortages and higher prices for diesel vans, is likely to result in … [Read more...]
Newslines 4 February
New import tariffs imposed by the US Trump administration are due today. They include 25% tariffs on goods from Mexico and Canada that would include automotive components and vehicles while goods imported from China would attract a 10% tariff and experts say it could cut US car sales by a million units over 12 months. Motorists are being urged to "love … [Read more...]
Used car sales and EVs need UK economy boost, says poll
Almost two-thirds of dealers (62%) say an improved economy would provide the biggest boost for used car sales in 2025, new research indicates. January’s Startline Used Car Tracker also shows that 50% would like to see direct government support for used electric vehicle (EV) buyers, 48% an improvement in consumer confidence, and 38% a loosening of the Zero … [Read more...]
Bodies join to offer employees better tax deal
A new salary sacrifice course for fleets is being offered to members of the Association of Fleet Professionals in partnership with the British Vehicle Rental and Leasing Association. The move is part of a general strategy by the two professional bodies to work more closely together to the benefit of their members, with further joint training initiatives … [Read more...]
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