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44% of fleets see Budget as positive for business

The vehicle tracking website’s survey of 100 companies operating 10 or more vehicles also found that 33% felt the chancellor’s measures would have a negative impact, while 22% said they would make no difference.

TrackCompare, which carried out the survey over the last week, also asked its fleet customers what more the Government could have done to help them.

In total, 78% said lowering the current duty on fuel would have made a bigger difference, while 22% believed a reduction in the rate of VAT would have provided the greatest benefit.

TrackCompare’s director, Kjell Anderton, said: “While the duty on fuel won’t change in the near future there are some positive signals from the commodities markets, with the price of crude oil continuing its downward trend. On April 5, it hit a new low for 2013, closing at $106.5 per barrel, down from over $118 in February.

‘Although price changes at the pumps are always behind the commodities markets, any fall in the cost of producing crude is good news for businesses and motorists alike.’

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.