HOW TO MAKE BENEFITS KIND

摘要

As far as the fleet world was concerned, the 2011 Budget contained few surprises. The headline-grabbing fuel duty 'stabiliser' offered little real prospect of reduced fuel prices. Although, it should be noted, the decision to cancel the proposed 1 p duty increase slowed down the speed of fuel price inflation. The underlying message was largely 'more of the same' across a range of issues and highlighted the increasing importance of choosing the right vehicles, from a CO2 perspective. Employer national insurance contributions (NICs), capital allowances, fuel, benefit in kind (BIK) car and fuel tax, together with vehicle excise duties will all cost progressively more, in underlying tax liability, for vehicles that emit higher levels of CO2.