BVRLA response to Spring Budget. The BVRLA has welcomed the extension of full expensing to rental and leasing, but warned that the government has missed a timely opportunity to support the transition to cleaner, greener road transport. The landmark shift in Government tax policy is poised to unlock up to £1bn worth of additional investment in commercial vehicles.
UK demand for new light commercial vehicles (LCVs) grew by 2% in February to 17,934 units. It marks 14 months of consecutive growth, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). While February is traditionally a lower volume month, as many operators delay procurement until March for the new numberplate, the increase represents the best February performance since 1998.
Over three million van drivers – 1-in-10 workers – are at risk of being left behind in the transition to cleaner, greener vehicles, unless the Government takes steps to support the move to Zero-Emission vans. That was the overriding message from an open letter to the Chancellor last week, ahead of the Spring Budget on Wednesday 6 March.
A coalition of industry experts and trade bodies recently introduced the ‘Zero Emission Van Plan’ in Parliament, aiming to highlight the critical areas for action in van decarbonisation.
Over three million people are at risk of falling behind in the UK’s zero-emission journey, unless the government takes immediate steps to support the transition to electric vans. That is according to a coalition of industry experts and trade bodies, who have launched the “Zero Emission Van Plan” to highlight where action is needed.
Over three million people are at risk of falling behind in the UK’s zero-emission journey, unless the government takes immediate steps to support the transition to electric vans. That is according to a coalition of industry experts and trade bodies, who have launched the “Zero Emission Van Plan” to highlight where action is needed.
Changes have been announced on how double cab pickups are taxed. From yesterday (12 February 2024), HM Revenues & Customs (HMRC) has updated its internal Employment Income Manual, which details changes to BiK and capital allowances.
Supporting the transition to zero emission vans is a priority area for the BVRLA in 2024. 3.4 million drivers rely on vans to carry out their day-to-day business, but risk falling behind on the road to zero.
Vehicle off-road times and total losses represent a critical cost to BVRLA members and their fleet customers. At the BVRLA’s Vehicle and Fleet Management (VFM) Forum next month, Paul Johnson, Business Development Manager at the AA will be talking about the latest accident management trends to help delegates manage their fleets effectively.
Generating positive change will take centre stage at the first Vehicle and Fleet Management (VFM) Forum of the new year. The first session is being led by the hosts, DAF Trucks, and will cover maintenance of HGVs and what lessons learnt are transferrable to cars and vans.
The UK new car market has recorded its best year since the pandemic as a strong December, up 10%, wrapped up the seventeenth month of consecutive growth. 1.9 million new cars reached the road during 2023 – an increase of 18%, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).