Chancellor Philip Hammond has said he expects to reveal changes to the tax treatment of diesel vehicles in his autumn budget.
The Chancellor of the Exchequer is being urged to stop ‘beating up’ motorists for driving the ‘wrong’ cars, but do more to encourage the adoption of new technologies.
The forthcoming budget is likely to see major changes to the ability of dealers to sell vehicles to disabled customers VAT-free.
The NFDA has called for “continued strong and open trade with the EU” in a letter to HM Treasury ahead of the 2017 Spring Budget.
Buyers of lower-emission cars are expected to bear the brunt of changes to Vehicle Excise Duty (VED) car tax from April 1 next year.
A continued drive to promote low emissions cars for business and a drive towards a future of autonomous vehicles on UK roads both featured in George Osborne’s Budget today.
Dealers stand to benefit from a variety of business-focused measures in the Budget.
George Osborne MP steered away from a rise in fuel duty for the sixth year in a row as he introduced tax reforms aiming to boost individuals’ savings and preserve incomes in his 2016 Budget.
The proposed legislation specifically distinguishes repair works when they are performed under a contract of insurance.
The National Franchised Dealers Association has raised the cost of FCA compliance, an extended MOT testing period and the BIK diesel surcharge with the HM Treasury.
Chancellor George Osborne pledged a further £600 million to boost the update of ULEVs, but there was no mention of the future of the plug-in grant.
Proposals in this week's Chancellor's Budget to consider a four year wait until a vehicle's first MoT test have been criticised by the chief of Warranty Direct.
Changes will be made to the vehicle excise duty (VED) regime to ensure declining vehicle emissions don’t adversely affect the Government’s tax take.
Budget 2015 highlights, 50 days from the general election.
