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General news round-upBack

LowEmissionZoneLondon Mayor aims to penalise diesel drivers

Diesel cars that do not meet the Euro 6 emissions standard will have to pay a £10 charge to enter London in an effort to combat air pollution.

The Mayor of London, Boris Johnson, will also lobby the Government to raise road tax on diesel cars to encourage motorists to switch to cleaner vehicles, according to The Times.

Fleet News first revealed the Mayor’s plans for an Ultra-Low Emission Zone (ULEZ) in April..

The zone will circle an area of central London that is expected to be based on the existing congestion charging zone. The ULEZ will operate 24 hours a day, seven days a week, and will take effect in 2020.

However, the new Euro 6 rules will become stndard on all new registrations from September, 2015, so it is not expected to penalise the vast majority of fleets which operate cars on a three, four or five-year cycle.


HMRevenue12-year fall in company car numbers is halted

The popularity of company cars as a benefit in kind remains largely undiminished, according to newly-published data from HM Revenue and Customs.

Car benefit (48%) and car fuel benefit (11%) together represent almost 60% of the total taxable value of all benefits in kind (2011/12: £7.35 billion), considerably more than the proportion of employees in receipt of the benefits due to average tax liability being higher than for other benefits.

The figures reveal that 950,000 employees in 2011/12 paid company car benefit-in-kind (BIK) tax, a figure unchanged from 2010/11 and revised upwards by 10,000 following last year’s provisional estimate.

Although HMRC has calculated a provisional figure for 2012/13 of 940,000 people paying company car BIK tax, the data is further clear evidence that the brake has been applied to the decline in the number of company cars on Britain’s roads.

In 1999/2000, 1.61 million people paid BIK tax on their vehicles, according to HMRC. However, that figure declined over the next decade as tax liability increased.

Despite the reduction in the number of employees driving company cars, the amount of tax collected as a result of the benefit totalled £1.2bn in 2011/12 – beating liability for 2009/10 (£1.15bn) and 2010/11 (£1.17bn) when 970,000 and 950,000 employees respectively paid tax on the benefit.


CarsalesWorld Vehicle Sales On Record Pace through First Half

Global vehicle sales climbed 2.8% in the first six months of 2014 with 43.5 million units sold, the largest first-half volume on record. All regions posted gains over year-ago with the exception of South America, where sales tumbled 13.1% from like-2013. Deliveries in North America totaled 9.7 million units through the first half, up 3.9% from like-2013. The U.S. and Canada both witnessed modest growth, up 4.3% and 2.8%, respectively, while Mexico sales remained relatively flat, falling just 0.8% from year-ago. Through June, North America held a 22.4% share of the worldwide market, tying Europe for second behind the Asia-Pacific region.

Source: WardsAuto

Posted by Sue Robinson on 01/08/2014