Ambitious Government plans to make the UK the world leader in electric car adoption could be hampered by its decision to increase company car benefit-in-kind tax on those vehicles by 500 percent in 2015/16 with a further rise due in 2016/17, according to a UK fleet association.
UK Industry Group Calls for Company Car Tax Clarification in 2014 Budget
The Association of Car Fleet Operators (ACFO) has called for clarification of long-term company car tax rates in the UK's 2014 Budget.