Car showrooms have been included in the list of businesses which will be exempt from business rates during 2020/21 – regardless of their taxable value.
The National Franchised Retailers Association (NFDA) has urged Government to introduce fiscal measures to protect the automotive retail sector from the impact of COVID-19 coronavirus.
MG Motor UK and Renault are both offering a temporary £500 discount on their electric vehicles (EV), following the reduction of the plug-in car grant (PCIG) in the Chancellor's 2020 Budget.
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.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
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