Company car drivers choosing a pure electric vehicle (EV) will pay no benefit-in-kind (BIK) tax in 2020/21 following a Government review which looks set to boost sales of emissions-free cars.
Franchised dealers might see an uplift in new car demand in the future as the number of company car drivers is predicted to drop. Lex Autolease, the UK’s biggest leasing company, believes these could drop from 940,000 to 832,000 by April 2020.
Think tank Policy Exchange has called for a rise in road tax for new diesel cars, to fund a scrappage scheme.
Budget 2015 highlights, 50 days from the general election.
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
Find out what features are in this month's, and future, issues