The BVRLA has welcomed the Joint Select Committee’s report which recognises that there is a need to have a greater alignment between the tax regime and efforts to improve air quality.
Commenting on the report’s findings, BVRLA Chief Executive Gerry Keaney explained that the tax system is crucial to incentivising the right vehicle choice:
“We recently wrote to the Chancellor urging him to accelerate the introduction of its 2% Company Car Tax band for zero-emission vehicles. This tax band is currently scheduled to increase over the next two years to a high of 16% in 2019/20, before dropping to 2% the year after. This is putting the brakes on new EV registrations from company car drivers, many of whom are keen to make the jump to zero-emission motoring.”