The next Budget is due soon – and it’s an even bigger deal than normal. Not only is it the first Conservative Budget for around 30 years that’s backed by a big majority, it’s the first fiscal statement from the Government since last Spring, as this Budget was delayed from the Autumn. This means that economic and fiscal forecasts are about to be updated for the first time in almost a year.
LeasePlan’s Matt Walters, Head of Consultancy and Customer Data Services, and Specialist Fleet Consultant Caroline Sandall, look at the impacts on businesses and drivers, and the opportunities for the future of the company car, including:
- new infrastructure developments,
- confirmation of the new Company Car Tax (CCT) rates,
- the future of the Plug-In Car Grant (PiCG),
- possible changes to fuel duty and van vehicle excise duty (VED).