Commenting on the announcements made by Phillip Hammond today, Justin Benson, head of automotive at KPMG
Commenting on the announcements made by Phillip Hammond today, Justin Benson, head of automotive at KPMG, said:
“Today’s Spring Statement announcements about potentially reducing VED rates for those driving the cleanest vans, will be welcomed by the automotive industry. However, whilst it’s essentially an effective tax on old diesel vehicles, the Government hasn’t given enough detail on what “cleanest” actually means, and this is where more information is required.
“This is particularly important for carmakers when making investment decisions, so, more clarityis needed, and the time for that is now.”
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