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...]
Rising costs challenge family budgets
This is going to be a tough year for families running cars who may be tempted to cut corners on costs. As the cost-of-living crisis deepens in 2025 with a second consecutive energy price cap rise and further utility bill increases on the horizon, hard-working households are also confronting difficult choices when it comes to car ownership, according to a … [Read more...]
EV challenges remain, with opportunities
There are some very promising signs for the year ahead in the electric-vehicle sector but also a number of challenges. More than a third of people are now considering buying an EV, compared to just over a quarter in 2023, and more competitive prices for second cars mean sales are staring to soar - up 52%, this year. In 2020, just 6.6% of all new … [Read more...]
The many obstacles to EV ownership
Chancellor Rachel Reeves' recent vehicle tax reforms aimed at accelerating the UK's transition to electric vehicles have sparked discussions about their potential impact on both private and corporate vehicle ownership. Now, new insights from private plate supplier Regtransfers reveal a substantial gap between government policy intentions and public … [Read more...]
PHEVs’ future now in doubt, says FleetCheck
The Budget is likely to have ended the current revival of fleet interest for plug-in hybrid company cars, FleetCheck is predicting. Peter Golding, managing director at the fleet software specialist, pointed out that anyone now paying a 5% benefit in kind on a new PHEV in the current tax year would see a jump to 18% by year four in 2028/29. He said: “We’ve … [Read more...]
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