Car showrooms have been included in the list of businesses which will be exempt from business rates during 2020/21 – regardless of their taxable value.
MHA MacIntyre Hudson has published a free report paper aiming to address car dealers’ immediate need for proactive business continuity planning as the impact of COVID-19 coronavirus begins to be felt.
The National Franchised Retailers Association (NFDA) has urged Government to introduce fiscal measures to protect the automotive retail sector from the impact of COVID-19 coronavirus.
The International Monetary Fund (IMF) and automotive sector analysts have expressed an inability to speculate over the economic impact of coronavirus as businesses grow increasingly “anxious over the duration” of the outbreak’s impact.
Automotive retail sector analysts suggested that the limited eligibility of many business benefits announced in Chancellor Rishi Sunak’s Budget 2020 could limit the advantages for the automotive retail sector.
Chancellor Rishi Sunak has outlined an investment of £12 billion to help manage the effects of coronavirus on UK households and business in his 2020 Budget.
The Government has recently started consulting on bringing forward the ban on petrol and diesel cars from 2040 to 2035...or perhaps even 2032.
The National Franchised Dealers Association (NFDA) has urged Government to safeguard the plug-in car grant (PCIG) in order to “ensure a consistent and successful transition to electric vehicles” by 2035.
The announcement that the UK government is bringing forward the final date for the sale of fossil fuel powered vehicles to 2035 is without a doubt a laudable commitment.
The UK Government is poised to ban the sale of all hybrid, petrol and diesel cars from 2035, Prime Minister Boris Johnson will announce at today’s launch of the COP26 United Nations climate summit.
The National Franchised Dealers Association (NFDA) has called on the Driver and Vehicle Agency (DVA) to allow franchised car dealers to carry out MoT tests as part of a reform of testing legislation in Northern Ireland.
Government’s decision to double its funding of residential, on-street electric vehicle (EV) charge points to £10 million next year has been hailed as “a positive move” by the NFDA.
Consumer interest in electric vehicles (EV) grew by 126% in Q3 of 2019 according to data compiled for a Europe wide ‘EV Index’ to determine various markets’ progress in the adoption of alternative fuel vehicles (AFV).
Over a third of car retailers (34%) believe that half of the new cars sold in the UK will fall into the Government’s ultra-low emission vehicle category by 2030.
The National Franchised Dealers Association (NFDA) has called for a “targeted and consistent approach” to addressing urban air quality and the adoption of electric vehicles (EV) following Bristol City Council’s decision to ban diesel vehicles from its streets.
The Institute of the Motor Industry’s (IMI) TechSafe standards for car technicians working with electric vehicles (EV) have been officially endorsed by the Government’s Office for Low Emission Vehicles (OLEV).
Pure electric vehicles (EV) could soon sport green number plates as part of Government plans to "turbo-charge" the adoption of zero emissions vehicles.
Jardine Motors' commercial director will lobby Government on electric vehicle issues in his new role as the first chairman of the National Franchised Dealers Association’s (NFDA) dedicated EV Group.
In the second of our series of updates on the taxation of electric vehicles (EVs) from MHA MacIntyre Hudson, leading adviser to the UK Motor Sector, Nigel Morris, employment tax director considers how wider regulation impacts tax policy and further influences the aim to increase the use of low emission vehicles.
The Government’s recently Operation Yellowhammer ‘no deal’ Brexit contingency plan will have notable implications for the motor finance sector, according to Bluestone Credit Management.
