Budget 2015: BVRLA reacts to 'hit and miss' budget announcements
19 March 2015
Author: Daniel Puddicombe
The BVRLA has said that yesterday's Budget announcements was a mixed bag for UK motorists.
The rental body welcomed the additional £100 million funding to support driverless cars.
"Our industry looks forward to getting involved with the exciting trials in Greenwich, Coventry, Milton Keynes and Bristol and we are working with Government departments, agencies and technology companies to help unlock the enormous potential for intelligent mobility in our sector," said Jay Parmer, BVRLA director of policy and membership.
The association claimed the changes to the Benefit in Kind tax rates for 2019/2020 will have a knock-on effect by reducing the uptake of electric and plug-in vehicles.
"We're disappointed the Government is accelerating the rate of increase in company car tax that thousands of motorists will pay, at the same time as putting the brakes on the take-up of ultra low-emission cars," said Parmer.
But the BVRLA also welcomed the chancellor's decision to freeze the planned fuel duty increase. "We would have all welcomed a fuel duty cut, as this would have given the UK economy a further boost. But a freeze is better than a price hike, and keeping VED rates for HGVs at the same level is a step in the right direction to help motorists," said Parmer.