What you need to know as a business car manager or small business owner about Vehicle Excise Duty (VED) – or, as we tend to call it, road tax.
Key points of 2017 road tax changes Average cost of VED set to increase by £134 per year, per car Premium cars over £40k will attract an additional tax Treasury expects change to bring in £3bn extra revenue over 3 years CO2 levels no longer the only factor so businesses will need to explore other cost-saving measures when renewing leases [...]
What’s happening? VED rates change for all new cars registered from 01 April 2017 On a fleet of 100 cars that can mean over £1000 a month extra in running costs Cars over £40,000 attract a special rate in years 2-6 of £310 extra a year Is there a way to escape the rising costs? Yes – read on to find [...]
Road tax revival puts a price on green drive – and premium dreams – in new Vehicle Excise Duty rates for 2017
THERE’S no such thing as a free lunch and the days were numbered for tax-free new car motoring for many, thanks to George Osborne’s 2015 summer budget surprise shake-up of vehicle excise duty rates for 2017. The road fund licence, abolished as such in 1936, makes a comeback under the changes from April 1, 2017, when all vehicle excise duty [...]
Mercedes-Benz E-Class Coupé Prices start at £40,135 OTR for E 220 d Coupé E 220 d, E 300 and E 400 4MATIC available from launch One trim level available: AMG Line Available to order now, with first UK deliveries in April 2017 THE new Mercedes E-Class Coupe is now on sale but with deliveries from April 2017 that puts it [...]