Paragon Bank managing director of motor finance Julian Rance believes a more coherent plan on developing the charging infrastructure, plus insight into the Government’s tax agenda, should propel electric vehicle (EV) adoption.
The HMRC has clarified the terms of post-Brexit tax arrangements for car retailers operating in Northern Ireland after changes to the margin scheme created a “hidden trap”.
The UK economy is forecast to return to pre-Covid levels by 2022, as annual growth is set to rebound by 6.5% this year, followed by 6% in 2022, according to the Budget Day speech by Rishi Sunak, Chancellor of the Exchequer.
The Finance and Leasing Association (FLA) has called for Chancellor of the Exchequer Rishi Sunak to announce a Green Finance Wholesale Guarantee and reform corporation tax to make green investments more affordable.
The car retail sector’s well-considered the acceptance of Government’s COVID-19 support have left many businesses on a sound footing to deliver a successful 2021.
Does HMRC’s new VAT policy on the costs of charging electric vehicles (EVs) stack up with the government’s wider environmental goals?
The National Franchised Dealers Association (NFDA) has launched a division in Northern Ireland to ‘outline dealers’ priorities’ and ‘tackle issues’ affecting them.
As we come out of the pandemic and motor retailers start to think about the road ahead, Making Tax Digital (MTD) should definitely be on your agenda.
Costly corporate identity upgrades and showroom developments should be pulled forward to take advantage of Rishi Sunak’s ‘super-deduction’ tax relief offer, according to RSM.
Chancellor of the Exchequer Rishi Sunak has pledged to continue to support businesses and jobs in a “fair and honest” 2021 Budget, but corporation tax rises are on the horizon.
The UK Government’s reinstatement of the VAT margin scheme for Northern Ireland’s used car retailers has “cut-off” a logical supply route to the Republic of Ireland.
HMRC has opened a consultation period for feedback on its plan to roll-out its Making Tax Digital (MTD) platform for corporation by April 2026.
Suggestions that Ford car retailers could go out of business as the result of a Brexit-related change to the brand’s VAT invoicing have been branded as “scaremongering”.
As the post COVID-19 lockdown period places ever more demand on automotive retail businesses being lean and efficient, Alun Oliver, managing director of E³ Consulting, explains why now might be the time for a thorough property tax review.
Car dealers are being urged to ensure they have maximised available capital allowances resulting from infrastructure investments in a bid to leverage vital tax relief.
MHA MacIntyre Hudson is set to host a free webinar to offer guidance and support to car retailers who are battling to make their businesses resilient during the COVID-19 coronavirus lock-down period.
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.
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.
For years there have been prophecies of doom for franchised new car dealers.
