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How will the UK’s 2014 Budget affect fleet owners?

The UK's 2014 Budget offers mixed fortunes for fleet managers and drivers. While frozen fuel economy will be welcomed, increases in Fuel Benefit Charges and Company Car Tax rates will face a colder reception. Plug-in vehicles and EVs can be very appealing as company cars, but they still only suit certain drivers, and businesses are … Continued

The UK's 2014 Budget offers mixed fortunes for fleet managers and drivers. While frozen fuel economy will be welcomed, increases in Fuel Benefit Charges and Company Car Tax rates will face a colder reception. Plug-in vehicles and EVs can be very appealing as company cars, but they still only suit certain drivers, and businesses are not likely to be tempted by EVs yet if they will still face higher costs.

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