BVRLA comment in response to Autumn Budget and Spending Review

In response to today's Autumn Budget and Spending Review, BVRLA chief executive, Gerry Keaney said:

“The Chancellor has missed an opportunity to give the industry essential clarity when it is most needed. At a time when the uptake of electric vehicles is ready to accelerate, the silence around areas such as benefit in kind tax rates is deafening. This only grows fears that rates will be drastically increased down the line.  

“BVRLA members had clear asks for this Budget. The Chancellor has failed to give tangible details on these asks, meaning that questions remain over what the Government’s plan is. The Net Zero Strategy last week marks a very positive step in the right direction; what we needed in today’s Budget was more detail. Instead, we have been given headlines that offer no clarity, no foresight and no confidence.”