MPs pledge to support fleets on road to zero at BVRLA event

By / 2 years ago / UK News / No Comments

MPs in Westminster have lent their backing to support fleets on their road to zero, thanks to an event run by the BVRLA.

Ben Everitt MP, who hosted the BVRLA in Westminster, was one of the attendees pledging to support fleets on their road to zero

Held last week at Portcullis House in Westminster, the drop-in event reinforced the association’s call for the Treasury to keep Benefit-in-Kind rates low and give foresight beyond the current 2024/25 cut-off.

The event was attended by 26 MPs and senior advisors, including shadow ministers and influential Parliamentarians from across the political spectrum. Attendees were taken through the key role played by Benefit-in-Kind tax incentives, highlighting why the Chancellor should support the uptake of electric vehicles in the forthcoming fiscal statement, expected to take place on 17 November.

Launched this summer, the BVRLA’s #SeeTheBenefit campaign highlights that nearly 60% of electric vehicles on UK roads are company-registered while 80% of salary sacrifice orders are for battery electric vehicles due to their appealing low tax rates.

The BVRLA is calling for BiK tax incentives to be continued for additional years to continue supporting the burgeoning salary sacrifice market, where BVRLA members are helping thousands of basic rate taxpayers get access to a new battery electric vehicle for the first time.

Ben Everitt MP, who hosted the BVRLA in Westminster, said: “The UK has ambitious targets as part of its net zero strategy, with the automotive fleet sector playing a large role in its ultimate success. It has been excellent to hear from the BVRLA and its members about the positive steps being taken and I am proud to be supporting fleets on their road to zero as part of that journey.”

The BVRLA will continue to promote its BiK campaign and engage with Treasury officials on the issue.

Find out more about the #SeeTheBenefit campaign and how to get involved via the campaign page.

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Natalie Middleton

Natalie has worked as a fleet journalist for over 20 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. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.