Kevin Griffin, the UK boss of KGM, which used to be called SsangYong, has expressed grave concerns over upcoming tax increases on vehicle excise duty set to take effect in April 2025. Speaking to The Sunday Times, Griffin urged the new Labour Party government’s Chancellor, Rachel Reeves, to reconsider her proposed tax hikes. “Stop murdering the motor trade. Because that’s ...
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Fleet drivers kept in the dark on future tax rates and excise duty
The Spring Statement did not shed any further light changes to the existing company car benefit-in-kind tax and Vehicle Excise Duty regimes from April 2020 as a result of WLTP. In Wednesday’s statement, Chancellor of the Exchequer Philip Hammond merely stated that “in the coming months” the Government respond to recent calls for evidence in relation to its review into ...
Read More »Tax break on Kia Sportage
Kia has moved to free itself from the market drift away from SUVs by offering to pay the vehicle excise duty on the Sportage for three years for customers who buy one of the cars between 10 September and 31 October.
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