Last chance to have say in WLTP review
Fleet experts are urging industry stakeholders to have their say in the Government’s review of the impact of WLTP on vehicle taxation – which closes for responses this Sunday 17 February.
The review looks at the impact that the new emissions testing cycle will have on Company Car Tax (CCT) and Vehicle Excise Duty (VED) when it is implemented from April 2020.
A new, more accurate testing procedure, WLTP is expected to increase most cars’ reported CO2 figures by 10-20%, having an inflationary impact on emissions-based CO2 taxes like CCT and VED.
The BVRLA is calling on fleet suppliers, operators and drivers to send a message to government that a simple, fair and proportionate CCT and VED regime are vital tools in tackling climate change and air quality, as concerns are beginning to mount that the Government may take little or no action at all to remedy the effects of the higher CO2 figures from the new WLTP testing cycle, which will be used to work out CCT and VED from April 2020.
Highlighting how Treasury failure could derail the Government’s own air quality targets, the BVRLA is urging stakeholders to share their experiences on how failure to adjust CCT for VED for the impact of WLTP-based CO2 increases is impacting.
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