Resource Library

The Industrial Strategy launched yesterday (23 June 2025) sets out the Government’s long-term plans for growing the UK economy, raising living standards and building resilience and security.

BVRLA Chief Executive Toby Poston comments; June has been a busy month in Westminster. In the last three weeks we’ve heard the Comprehensive Spending Review, which paved the way for the respective long-term strategies for the UK’s Infrastructure and Industrial development.

The Government has launched its 10-year Industrial Strategy, outlining a long-term plan to grow the UK economy, raise living standards, and support key sectors. For the automotive industry, the newly released Advanced Manufacturing Sector Plan is of particular relevance.

The Chancellor’s recent Comprehensive Spending Review included a commitment to spend £2.6bn on decarbonising transport, £1.4bn of which is to support the continued uptake of electric cars, vans, and trucks.

In advance of next week's Spending Review, the BVRLA has written to the Chancellor to highlight the urgent need for targeted support for the used battery electric vehicle (BEV) market.

HM Revenue & Customs (HMRC) has updated its guidance around the transition rules for double-cab pickups, relating to Benefit-in-Kind (BiK) changes that came into force in April this year, following input from the BVRLA.

The UK Government missed an early opportunity to give the transition to zero-emission vehicles some welcome support, failing to reference the impending electric vehicle tax hikes or its recent ZEV Mandate consultation in today’s Spring Statement.

In the 2024 Autumn Budget, the Chancellor of the Exchequer outlined several tax changes that would impact the automotive sector. This announcement included changes to the Vehicle Excise Duty (VED) which will be effective from April 2025.

Changes to Vehicle Excise Duty, company car tax on double cab pick-up trucks and the approach to emissions testing of hybrid vehicles, were discussed as part of the BVRLA’s recent ‘Navigating New Vehicle Tax and Testing’ webinar. It can now be viewed online.

Watch as our tax and regulation experts explain the impacts of upcoming changes to vehicle tax policies and changing vehicle testing requirements, each of which are likely to impact BVRLA members and their customers.

The latest company car advisory electric rate (AER) and advisory fuel rates (AFR) have been confirmed by HM Revenue & Customs (HMRC). The rates will apply from 01 March 2025 and are broadly held at the previous values.

HM Revenue & Customs (HMRC) has updated what is considered to be a ‘Double Cab’ pick up as it seeks to provide businesses and motorists with clarity on which vehicles are and aren’t subject to the changes coming in this April.