BVRLA Reacts To 2016 Autumn Statement

BVRLA Reacts To 2016 Autumn Statement

The Autumn Statement and the Automotive Industry
The trade body for the vehicle rental and leasing industry has responded to the government’s Autumn Statement. Full details are below: The BVRLA has welcomed the Chancellor’s decision to introduce a new, more granulated range of company car tax bandings for ultra-low emission cars from April 2020, but is concerned that the timing of the changes will lead to a drop-off in demand for these vehicles in the intervening period. The changes will see 15 new bandings introduced, of which 11 will be for ULEVS. From 2020...
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