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...]
Tradelines 24 October
The withdrawal of the Government’s plug-in hybrid grant will add about £2,500 to models and make them no longer commercially viable for many fleets, said Meridian Vehicle Solutions. It has taken the decision to operate its current plug-in rentals but not add further versions when they are due to be replaced. VW has introduced an old-diesel swapping … [Read more...]