Tax is a vital weapon in any government’s policy armoury. Used in the right way, it can mobilise businesses and drive innovation or behaviour change. When poorly devised or implemented, it can damage whole industries and encourage avoidance or evasion.
The BVRLA has responded to the government’s Review of WLTP and vehicle taxes, warning of the danger that the progress made in decarbonising road transport could be reversed if the government fails to act by making tax changes to manage the impact of the transition to WLTP.
The government is reviewing the impact that the Worldwide harmonised Light vehicles Test Procedure (WLTP) will have on Company Car Tax (CCT) and Vehicle Excise Duty (VED) when it is implemented from April 2020.
A cross-party group of 42 Parliamentarians countersigned a letter from Neil Parish MP, calling upon the Chancellor to use the 2018 Budget to stimulate the uptake of electric vehicles.
The BVRLA, along with other leading transport, business and environmental organisations submitted a joint letter to the Chancellor making a pre-Budget 2018 plea for tax incentives to drive the uptake of electric vehicles.