Autumn Statement 2014: LeasePlan responds
Matthew Dyer, managing director, LeasePlan UK, said: ‘I’m pleased that George Osborne has steered clear of any further taxation on company cars. We’ve seen Benefit in Kind taxation rates set to increase by 2% in each of the next four years, and any additional increases would seriously damage the businesses driving the wider economic recovery. It is also positive that the Chancellor upheld the ongoing freeze on fuel duty.
‘While the recent re-announcement of £15bn of additional investment in 100 schemes across UK roads was made before the Autumn Statement, it is clear that the Government acknowledges roads are essential arteries for Britain’s businesses. Action to improve these vital pieces of infrastructure must continue as an urgent priority.’