Tag: budget

car mechanics

Budget 2015: Company car tax hike and a fuel duty freeze for fleets

Company car drivers will face a three percentage point year-on-year hike in their company car tax from 2019/20. However, the Government has indicated that the rates for ultra-low emission vehicles (ULEVs) will increase “more slowly than previously announced”. Drivers of plug-in vehicles face huge year-on-year increases over the next four tax years following announcements made

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