ChargeUK is calling on the next government to adopt 12 measures that will accelerate the roll out of vital charging infrastructure and ensure drivers can access the right charging solution in the right place.
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.
The BVRLA has produced a new fact sheet to support members with recent VAT changes regarding the treatment of lease or rental agreements that are terminated early.
Ahead of the Government’s Spring Statement on 23 March the BVRLA has written to the Chancellor with some suggestions on how to maintain the growing momentum for zero emission vehicles.
The BVRLA has been engaging with HM Revenue & Customs around VAT and EV charging. HMRC published guidance on this area earlier in the year, but questions remain.
HMRC has published draft legislation relating to the VAT treatment for salary sacrifice arrangements applying to government departments and NHS bodies that supply cars to their employees.
HMRC has published a document on ‘VAT liability of charging of electric vehicles’ following discussions with the BVRLA, who made clear that rules needed to be clarified.
The BVRLA is launching a new working group to focus on matters relating to VAT and welcomes expressions of interest from any member organisation willing to nominate a specialist to take part.
The BVRLA and its members are supportive of HM Treasury’s work looking at the Sharing Economy and emphasises the importance of having a fair playing field.