A weekly roundup of fleet news from around the UK
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Acfo’s plea to Chancellor
Acfo, the association of car fleet operators,
has asked UK Chancellor of the Exchequer George Osborne to review
benefit-in-kind taxation for low-emission company cars.
Changing the lower end of the scale of charges
for C02 emissions from 15% to 10% of vehicle list price, claims
Acfo, will mean drivers of vehicles emitting 115-120g/km face
around a 50% rise in benefit-in-kind taxes.
Those driving heavier-emitting vehicles,
paying a charge of around 35% of list price, of 121-124g/km will
see no rise, with a slight rise for those driving vehicles emitting
125g/km.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataACFO chairman Julie Jenner said: “Drivers of
low emission company cars are following the Government’s
environmental edict, but it seems their bills are rising annually
with many seeing significant increases in 2012/13. We believe this
is unfair and perhaps it is time for the Government to consider
other tax threshold adjustments rather than simply tightening the
screw at the lower end on a seemingly annual basis.”
Fleet values up
1.8%
The average value of a fleet car in the UK
rose by £113 to £6,270, January to February, according to
remarketer and automotive service provider Manheim.
Across all sections of fleet, the biggest
growth in value was in MPVs, up 7.4% to £7,154. Average wholesale
values also climbed 3.1%, month-on-month.
Year-on-year, however, values were down £124
or 1.9%.
More than half of country
considering EVs
Chargemaster, electric vehicle (EV) charging
supplier, claims 58% of those considering buying a car in the next
two years in the UK would contemplate buying an EV.
Chargemaster attributes its findings to the 7%
rise in the cost of diesel, hitting a new record high, and 5% rise
in the cost of petrol in the past year in the UK.
Calculations by the company put the cost of
100 miles in a diesel engine car at £16.25, £15.35 in a
petrol-driven car and £1.50 in an EV.
richard.brown@vrlfinancialnews.com
