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The BVRLA welcomed the news of long-term support for the EV market in last week’s Autumn Statement. By keeping electric company car tax rates low and giving clear foresight up to 2028, the decision demonstrates the powerful impact of the association’s #SeeTheBenefit campaign and the strong voice of the fleet sector.

Here, BVRLA head of policy and public affairs, Thomas McLennan looks at the key announcements from the 2022 Autumn Statement and what they mean for the fleet sector.

Prime Minister Rishi Sunak has appointed his new Cabinet and teams of junior ministers. 

The latest benefit-in-kind (BIK) statistics recently published by HM Revenue & Customs (HMRC) show the number of recipients of company car benefit has declined.

The latest episode of the BVRLA’s ‘The Inside Track’ podcast sees the association’s Head of Policy and Public Affairs, Thomas McLennan, exploring the merits of salary sacrifice schemes and the urgent need to ensure future clarity of benefit in kind (BiK) rates and to keep these taxes low for EVs.

High energy prices are pushing the running costs for EVs up, so the BVRLA is reinforcing its #SeeTheBenefit campaign that is calling for company car tax rates to remain low.

The BVRLA’s #SeeTheBenefit campaign hit a crucial milestone last week with a Salary Sacrifice briefing of MPs at the Houses of Parliament. More than 30 MPs from across the political spectrum came to share their views on the electric vehicle market and find out more about the key role played by Benefit-in-Kind tax incentives.

Next month the BVRLA is hosting a Parliamentary drop-in event to highlight the vital role salary sacrifice schemes play in the affordable uptake of electric cars and the need for future tax clarity to continue this good work. 

The BVRLA is urging the Chancellor to support the uptake of electric cars by keeping Benefit-in-Kind rates low and giving foresight beyond the current 2024/25 cut off. Highlighting the success of the tax regime for electric cars to date, the campaign is encouraging industry professionals to write to their local Member of Parliament (MP) to educate them on how company car schemes are democratising the move to EVs.

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 2021 edition of the BVRLA's annual Road to Zero Report Card not only assesses progress towards zero emission fleets in terms of EV supply, EV demand and charging infrastructure, but also for the first time compares progress for cars, vans and trucks.

The Association of Fleet Professionals and the BVRLA have joined forces to call upon Government to take steps to ensure that the Advisory Electricity Rate (AER) for electric vehicles is fit-for-purpose.