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‘Before and after’ WLTP costs revealed in new VWFS | Fleet online calculator

Volkswagen Financial Services | Fleet (VWFS | Fleet) has launched a new tool to help fleets assess the tax impact of the switch to the new WLTP regime.

The VWFS | Fleet tool shows the impact of the new WLTP regulations on Vehicle Excise Duty and Benefit-in-Kind for any like-for-like replacement cars

The online WLTP calculator, found as part of VWFS | Fleet’s comprehensive WLTP advice for fleets at https://www.vwfsfleet.co.uk/wltp/, enables operators to put in vehicle details, including ‘true NEDC’ CO2 and fuel consumption figures and post-WLTP ‘NEDC Correlated’ figures, for any like-for-like replacement cars to assess the impact on company car tax and VED, as currently calculated; an announcement on the future structure of taxation is expected in the spring.

The new VWFS | Fleet tool also provides estimated real-world fuel costs, although the figures that drivers will achieve will not have changed for vehicles that have remained mechanically identical as it’s only the official figures that have been updated.

The leasing and fleet management specialist said it had launched the tool to ensure fleets are able to consider their options.

VWFS | Fleet’s head of sales and marketing, Tom Brewer, said: “We’ve developed a tool to support our customers, which we’re now putting into the public domain for fleets to self-serve. Our aim was to help our customers assess their fleet position and to communicate to drivers and stakeholders what’s happening and how it will affect their business.

“We’re still looking at ways to help fleets that run cars and vans make the tough decisions for the future,” added Brewer. “We have light commercial vehicle WLTP to come in 2019, then the roll-out of the more accurate Real Driving Emissions standard (RDE) – which comes in two phases, in April 2020 and January 2021,” he added.

“We want to advise fleet decision-makers on what can be done now, not just in vehicle choices, but also in planning policy for the years to come.”

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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.