Pre-Budget Report - 30/12/2009
Source: Energy Saving Trust
The Pre-Budget Report (PBR) on the 9th December announced further tightening of Company Car Tax (CCT) bands and Fuel Benefit charges, while the electric vehicle industry has been given additional support through the taxation system.
Increases to fuel duty and the differential first-year rates of vehicle excise duty (VED) previously announced provide further incentives to review your fleet vehicle policies to ensure costs are controlled and emissions minimised.
There will be further analysis of the implications of this PBR in the January Fleet Briefing, however this mini-guide is designed to highlight those areas which you need to consider if you plan to revise your company vehicle policy or replace cars or vans in the New Year.