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Autumn Statement Reaction
#1
Commenting on today's Autumn Statement, BVRLA chief executive John Lewis reiterated the association's call for the leasing industry to retain its access to the 100% first-year allowances available on ultra-low emission vehicles.

"We are due to meet with the HM Treasury officials this month and will remind them that all the benefits of these allowances would continue to flow through to business end-users, as they do now.

"By removing the ability of the leasing industry to claim these allowances, the government will just make it more expensive for businesses to run greener fleets. There is no logic to it.

"As the vehicle leasing industry trade body you could say that we are biased, but the Committee on Climate Change, the Transport Select Committee and LowCVP are all in agreement."

With a raft of changes to the business car tax regime due next April, the BVRLA has also urged the Treasury to provide full details of all transitional arrangements in the draft Finance Bill due to be published on December 11.
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