October/November 2018
The bimonthly newsletter of the British Vehicle Rental & Leasing Association
Budget brings mixed news The BVRLA has welcomed the government’s decision to conduct an urgent review into the impact the new WLTP emission standard could have on Vehicle Excise Duty and company car tax.
based regime for Van VED. In the Budget, it confirmed that this would not happen before April 2021.
The recent Budget announced that the review would report back in time for the Chancellor’s 2019 Spring Statement. Separately to the Budget, the Treasury has confirmed that it is examining WLTP’s impact on the emissions thresholds used when calculating capital allowances and the lease rental restriction. Commenting on the news, BVRLA Chief Executive Gerry Keaney urged the government to publish a new set of tax bands as soon as possible: “It is vital that fleets and company car drivers are able to plan for the future, confident that they are working with more accurate emissions information and a fairer tax regime that rewards those who choose cleaner vehicles.”
The uncertainty around WLTP has also persuaded the government to put off any decision to introduce an emissions-
“This decision to postpone a CO2-based Van VED regime is great news for fleets,” said Keaney. “Tax incentives can be a very powerful tool in driving businesses “The government to use cleaner is in danger of vehicles, but it is undermining its no use having own Road to Zero these until we strategy.” have enough low-emission Gerry Keaney van options on the market.” u
The BVRLA expressed dismay at the Chancellor’s failure to use the Budget as an opportunity to bring forward the 2% company car tax rate for electric vehicles. Gerry Keaney commented: “The Chancellor chose to ignore the overwhelming voice of fleets, motoring groups, business organisations, environmental groups and MPs – all of whom were united in calling for this simple tax measure to support the electric vehicle market.”
YOUR ASSOCIATION Gerry’s note: Uncertainty prevails 3 Welcome to the BVRLA family 4 BVRLA welcomes fleet operators 5 Expanding our team 5 Kate reflects on 20 years at the BVRLA 6 A voice of influence 8 In the spotlight: media coverage 14 LEARNING & DEVELOPMENT Industry Outlook Conference 7 What’s new in L&D? 11 New training consultant 11 e-learning subscribers reach 1,000 12 Member’s view of e-learning system 12 SECURITY & INSIGHT RESEARCH BVRLA research ramps up
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REGULATION & COMPLIANCE A positive customer experience Ask Adam
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SOCIAL & NETWORKING Get social on social media
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