THE HMRC needs to produce company car tax tables through to 2030.
With BIK planned through to the end of the decade, business fleets would be able to hit the proposed government end date of 2030 for petrol and diesel cars.
That’s the suggestion being put forward by the Association of Fleet Professionals (AFP), which says the 2030 date is achievable for fleets.
Currently, we have tax tables up to 2024-25 and that allows us to effectively plan one replacement cycle ahead, which is useful, but we would also like to see tables through to 2029-30 created as soon as possible to look two cycles into the future.
From a practical standpoint, this will mean that we can produce comprehensive EV adoption strategies that take us right through to the moment when petrol and diesel cars will no longer be available, tackling financial and operation concerns.Paul Hollick, chair, Association of Fleet Professionals
Hollick also said planning would be aidded by greater forward knowledge of when current subsidies to assist drivers into EVs would be phased out.
“Our message to the government is that the 2030 objective is realistic but only with a stable taxation environment and the right physical infrastructure. Changing policy substantially at every Budget is just going to make things difficult,” Hollick added.
Energy company SSE recently wrote to the Department for Transport requesting government mandate fleets move to EVs by 2030.
SSE is part of the EV100 that wants to accelerate the introduction of EVs. EV100 includes broker funders along with broker and fleet management company Fleet Alliance.
Automotive and fleet writer for Broker News