Tag : Budget 2017
In his first and last Spring Budget, chancellor Philip Hammond set out a number of changes that will impact on fleets. Natalie Middleton reviews the fleet industry response to the changes.
A ‘warning shot’ has been fired across the bows of diesel drivers, with the Government planning to explore changes in the way such vehicles are taxed.
Although the Spring Budget had been expected to bring further clarification of tax changes to salary sacrifice and cash allowances, no further details were revealed.
Chancellor Philip Hammond has kept fuel duty frozen at its current rate until 2018, following on from the announcement in the Autumn Statement.
The chancellor pledged £270m to keep the UK at the forefront of “disruptive technologies like biotech, robotic systems and driverless vehicles”.