Fleets are increasingly seeking external advice to work through the implications of new tax regulations that will take effect from April this year, reports Arval. The vehicle leasing and fleet management company says that the headline changes – affecting Benefit in Kind for drivers entitled to a cash option or a company car, salary exchange
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Fleets increasingly seeking external advice regarding April tax changes says, Arval
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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