The hidden impact of the Budget
The Budget introduced many unseen changes that could cost businesses dear – unless they reconsider car choice argues Deloitte’s Nigel Morris.
The Budget introduced many unseen changes that could cost businesses dear – unless they reconsider car choice argues Deloitte’s Nigel Morris.
Contract hire will become much more attractive to small business owners from April 2009.
Following the Budget, the Chancellor has swept away the current Expensive Car Leasing Disallowance
The Chancellor has increased pressure on small businesses by increasing fuel duty.
From September fuel duty will rise by a further 2p per litre.
The fuel duty increase was not included in
Most small businesses will be negatively affected by Budget increases in fuel and alcohol duty.
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
Want more motoring news?
Sign up here for our free weekly serving of all things motoring.