New car tax rules

In 2008 the budget announced changes would be made to capital allowances on cars from April 2009. The new tax relief rules will be defined by CO2 emissions on all vehicles rather than on the vehicle price.

The changes that are being made are aimed at encouraging car manufacturers and business owners to reduce the impact business travel has on the environment. Vehicle managers should be reviewing all their car policies to ensure they are ready for the new tax regime and to ensure their vehicle fleet will be the most cost effective solution for their business and to ensure they do not get penalised with extra costs.

The new system will be structured on a three tiered system where vehicles up to 110g/km, 111-160g/km will be cheaper than vehicles with emissions of 161g/km or more which will become more expensive to fund.

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April 03^rd 2009

• New car uses less power than a hairdryer
• Price increase on Ford cars.
• India launches the world’s cheapest car
• Post Office jobs could be saved
• Accident could be cut by the safe use of work vehicles
• Toyota employees face 10 pay cut
• Commercial vehicle owners warned of increased insurance premiums
• Rural roads face speed reduction
• Commercial Vehicles 2009
• Van insurance figures drop as customers reluctant to spend more money.
• Geneva Motor Show 2009 3rd to 15th March 2009