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Ogilvie Fleet News & Blog

Government's Spring Budget 2020

Posted on by Mark Knight

Budget 2020 - what it means to you

Chancellor of the Exchequer Rishi Sunak delivered his first Budget speech today (Wednesday, March 11, 2020) and he ‘splashed the cash’.

It was also the first - and much delayed - Budget of the Government led by Prime Minister Boris Johnson.

Indeed it was the first Budget proper since October 29, 2018. Since then there has been a March 2019 Spring Statement, a change of Prime Minister, a general election, lengthy Parliamentary debates around Brexit and two changes of Chancellor with Mr Sunak in post for less than a month.

The Budget, which was huge in terms of overall content and will be known as the ‘coronavirus Budget’, was the first of two this year. This Budget was the one delayed from last year, and then there will be one in the autumn as scheduled.

Below we highlight the Chancellor’s key 2020 Budget measures that will impact on the company car and van sector and the wider motor industry.

Brexit Manufacturer Statements

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The UK has now left the EU and has entered a transition period that will continue until the end of 2020. Our friends at Fleet Assist have contacted a number of manufacturers to see what plans they have in place if a hard Brexit leads to tighter border controls. The vast majority of manufacturers who replied have either increased stock levels, and in some cases have built new warehouses to reduce the likelihood of disruption. Some manufacturers who operate outside the EU anticipate no significant impact to supply levels. To read the manufacturers replies in more detail, click here.

Driving in severe weather guide

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To help you prepare for bad weather here is some helpful advice for your journey:

- Check the route for delays and poor weather conditions before you set out.

- Plan your journey if you need to travel in severe weather.

- Keep an emergency kit in your vehicle.

When you are on the road:

- Pay attention to the changing road, traffic and weather conditions.

- Look out for Variable Message Signs (electronic overhead signs) for warnings of condition ahead.

- Be ready to slow down and take more care if you need to, particularly when approaching a bend and on exposed stretches of road.

Ogilvie nominated for TWO Fleet News Awards!

Posted on by Mark Knight

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The nominations for the 2020 Fleet News Awards have been released this week – with Ogilvie being nominated for TWO awards!

Ogilvie Fleet have been nominated in two of the headline categories – Leasing Company of the Year (under 20,000 vehicles) and the Customer Service Award. 2019 saw Ogilvie win 3 more industry awards – including the Fleet News Awards Leasing Company of the year – and are looking to start 2020 with a bang at the ‘Oscars’ of the fleet industry.

The awards are chosen by a panel of industry experts and the winners are announced on 11th March at a black tie ceremony at the Grosvenor House Hotel in London.

Ogilvie are the fleet industry’s leading independent fleet specialists and have won over 20 customer service and technology awards over the last decade.

What your options are for ‘Going Electric’ in 2020

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From Clean Air Zones to cities such as Birmingham and Bristol planning to ban highly polluting vehicles, if there is ever time to drive an electric vehicle, it is coming a lot sooner than most drivers think.

The government is also reacting to air pollution and the climate crisis with new Company Car Tax Rates. These new rates offer a very attractive reason to consider ‘Going Electric’ through large money savings potential on taxation.

As of April 6th 2020, if you drive an electric company car, you will be taxed at the rate of 0%, meaning you will not pay company car tax. This will increase to 1% the following year and 2% the year after.

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