The BVRLA’s annual programmes of specialist industry forums conclude in the coming weeks, with limited spaces available to members that don’t currently subscribe to the full calendar of events.
The last of the 2024 series of the BVRLA’s Vehicle and Fleet Management (VFM) Forum is taking place on Thursday 14 November, hosted by Epyx in Meriden.
The Government must act now to avoid further volatility in used electric vehicle (EV) values, which is damaging confidence in the transition and making new EVs more expensive.
Yesterday, The Rt Hon Rachel Reeves MP announced that the new Labour Government's first Budget will take place at the end of October. This will be combined with a three-year Spending Review.
Last week Chancellor Jeremy Hunt set out the government’s tax and spending plans. The headline announcements in the Spring Budget spanned national insurance, childcare, and fuel duty. Of significance to BVRLA members are the plans to extend full expensing to rental and leasing, following extensive consultation including the BVRLA and other associations.
BVRLA response to Spring Budget. The BVRLA has welcomed the extension of full expensing to rental and leasing, but warned that the government has missed a timely opportunity to support the transition to cleaner, greener road transport. The landmark shift in Government tax policy is poised to unlock up to £1bn worth of additional investment in commercial vehicles.
Over three million van drivers – 1-in-10 workers – are at risk of being left behind in the transition to cleaner, greener vehicles, unless the Government takes steps to support the move to Zero-Emission vans. That was the overriding message from an open letter to the Chancellor last week, ahead of the Spring Budget on Wednesday 6 March.
The CBI has called on the Chancellor to extend full expensing to leased and rented assets in next month’s Spring Budget. This mirrors one of the BVRLA’s key asks on behalf of members and represents a priority area for the association.
The Chancellor’s recent Autumn Statement had a heavy focus on supporting workers via various wage support measures. For companies, a major change was announced to incentivise investments, but it came with a longstanding sting in the tail.