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Tag Archives: vehicle excise duty

KGM boss hits out at car tax hikes and ZEV Mandate distortions

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 ...

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