The latest HM Revenue & Customs (HMRC) statistics have been published for company car and fuel benefits in kind (BiK) in 2017 to 2018.
Members have asked the BVRLA about obtaining a Certificate of Conformity (CoC) to access the zero-emission mileage (ZEM) figure of a particular vehicle. The association can confirm that a CoC is not needed unless you are planning to export a vehicle.
HM Treasury is seeking industry's views on Vehicle Excise Duty (VED) and the BVRLA is canvassing suggestions from members on moving towards a more dynamic system.
HM Treasury is currently consulting on Vehicle Excise Duty (VED), seeking views from industry to help inform how it can move towards a more dynamic VED system which uses the tax to help reduce road transport emissions.
The BVRLA has published an FAQ on vehicle testing changes to help members communicate the impact of recent VED changes on their new lease vehicle.
There have been numerous concerns raised with the BVRLA about obtaining a Certificate of Conformity (CoC) to access the zero-emission mileage (ZEM) figure.
HM Treasury has confirmed that it will not be delaying the introduction of WLTP-based motoring taxation in April.
The BVRLA welcomed the range of electric vehicle grants and tax incentives announced by Chancellor Rishi Sunak in last week’s Budget.
HMRC has answered the BVRLA’s final questions on the WLTP transition.
As the deadline approaches for the transition to WLTP values for VED and Benefit-in-Kind, the BVRLA continues to seek clarification from HMRC to address members’ concerns.
Following a surge in the number of mild hybrid electric vehicle registrations, members are seeking clarification on their tax treatment, particularly of diesel mild hybrids.
The BVRLA is urging companies to review their fleet policies now as a continued shortage of reliable data threatens to disrupt the move to a new VED and Company Car Tax (CCT) regime in April.