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Ogilvie Fleet News & Blog

Government's Spring Statement 2019

Posted on by Mark Knight

The Government’s Spring Statement 2019 and how April 2019 changes to vehicle-related taxes will hit fleets and drivers

Chancellor of the Exchequer Philip Hammond’s second Spring Statement today (Wednesday, March 13) was an update on the health of the UK economy and the state of the Government’s finances, rather than laying out any major new tax or spending announcements.

The fleet industry had hoped that the Chancellor in his 35-minute speech would indicate the “direction of travel” on any changes to the existing company car benefit-in-kind tax and Vehicle Excise Duty regimes from April 2020 in the wake of last year’s introduction of the Worldwide harmonised Light vehicles Test Procedure (WLTP).

However, the fleet industry was left disappointed as the Chancellor merely stated that “in the coming months” the Government would publish its response to its recent call for evidence in relation to its review into the impact of WLTP on company car tax benefit-in-kind tax and Vehicle Excise Duty.

Manufacturers stance on Brexit

Posted on by Mark Knight

With Brexit just around the corner, in whatever shape it may take, Ogilvie Fleet would like to update our clients on the position of all our automotive suppliers. We are in constant communication with all of our suppliers and will update this page as and when we have further information.

LCV Customisation and Consultation

Posted on by Mark Knight

Since 2012 the number of new light commercial vehicle registrations has increased by 37% and with current year on year figures standing at almost 360,000 new registrations the LCV market is continuing to buck the declining trend we are currently experiencing in the new car market.

Fleets & company car drivers urged to respond to government

Posted on by Mark Knight

Fleets have been urged to provide evidence if employees are opting out of company cars due to the increasing benefit-in-kind tax burden. 

Simultaneously, company car drivers have been called on to report details of the vehicle they are now driving if they have opted out of a company car for tax reasons.

The ‘demand for evidence’ comes from the British Vehicle Rental and Leasing Association (BVRLA) in an industry-wide call to provide “a robust and loud response” to the government’s ongoing review into the impact of the Worldwide harmonised Light vehicles Test Procedure (WLTP) on company car benefit-in-kind tax and Vehicle Excise Duty.

In a bid to encourage fleet industry stakeholders, including fleet decision-makers and company car drivers to respond to the government’s review document, the BVRLA has launched a “call to action” page on its website - https://www.bvrla.co.uk/resource/taking-action-on-wltp.html. It is gathering responses, including case studies, and is also opening social media channels before passing all information on to HM Treasury.

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