BVRLA News
www.bvrla.co.uk March 2010
The newsletter of the British Vehicle Rental and Leasing Association
Association calls for a Budget of tax incentives The BVRLA has called on the government to make its tax incentives for early adopters of electric vehicles available to leasing companies and their customers.
government to consider a number of other issues ahead of the Budget:
In a document submitted ahead of the Budget on 24 March, the association has asked the Treasury for details of the 100% first-year allowance it is introducing for companies purchasing electric vans. This allowance enables firms buying one of these vehicles to offset its full cost against their corporation tax bill in the first year.
“Removal of this out-of-date pollution-related penalty would accelerate corporate adoption of these vehicles and help to push company car emissions even lower”, said Lewis.
❱ An immediate removal of the 3% diesel
❱ Inclusion of payload data in the Vehicle
Toyota recall trauma shows need for review It’s time for a for a hi-tech approach to vehicle recalls, says the BVRLA page 3
Certification Agency’s van CO2 database.
“If the government is serious about introducing emissions-based taxes for vans, it needs to sort this out,” said Lewis.
❱ Clarification of the government’s position
The BVRLA also asked the Treasury to ensure that future tax incentives incorporate all zero tailpipe emission vehicles and not just electric ones. In a meeting with Exchequer Secretary Sarah McCarthy-Fry the association asked the
“Road pricing is a fairer tax that is based on road use, not vehicle ownership,” said Lewis. n
Notice is hereby given that the annual general meeting of the British Vehicle Rental and Leasing Association Ltd will be held at 9.30am on Thursday, 20 May 2010 at the association’s offices at River Lodge, Badminton Court, Amersham, Bucks HP7 0DD for the following purposes:
Annual general meeting
Association sets out its lobbying goals Ending premature testing of trucks and accessing payload data head the list page 2 Regulation reduction is on the agenda The BVRLA has told the government how to cut regulatory burdens page 3
over-generous advisory mileage allowance payments (AMAP) which encourage staff (particularly public sector) to use their own cars instead of potentially much greener and safer forms of transport.
on road pricing. The BVRLA is in favour of a national scheme to optimise use of the road network. It should replace existing forms of motoring tax, rather than become an additional revenue earner.
❱ ❱ ❱ ❱ ❱
In this issue
❱ An investigation of the continuing use of
The BVRLA is pushing for leasing companies to be able to access the allowances and pass on savings to their customers. “The van market is in the doldrums and in the current economic climate most companies cannot afford to go out and buy new vehicles outright,” said BVRLA chief executive John Lewis. “Many of them turn to a leasing provider and our industry is absolutely vital to the new van market.”
supplement from benefit-in-kind tax.
bvrla.co.uk
To receive the chairman’s report. To receive the report of the Committee of Management. To receive the report of the auditors. To elect the Committee of Management. To elect auditors and to arrange their remuneration.
By order of the Committee of Management. John Lewis, Chief Executive
The Big Event: Annual Dinner 2010 Were you there to applaud our industry heroes and hear Michael Portillo and Frankie Boyle? page 4 Latest statistics on conciliation service Very few rentals lead to disputes – see where they’re likeliest to occur page 6 Figures show problem hirer incidents rise RISC Online, the BVRLA’s problem hirer database, is more effective than ever at flagging risky renters page 7
— Promoting responsible road transport since 1967 —