The Vehicle Remarketing Association has added its support to the British Vehicle Rental and Leasing Association\u2019s response to the current Government\u2019s WLTP consultation.<\/p>\n
Sam Watkins, chair at the VRA, said that her organisation shared the BVRLA\u2019s concern about how the potential, negative impact on the company car sector could have widespread repercussions.<\/p>\n
She explained: \u201cThe Government\u2019s stated intention to do nothing to the bands equates to a relatively substantial increase in company car taxation.<\/p>\n
\u201cThis is problematic in several respects and, we believe, shows a potential lack of understanding about the company car\u2019s role in both the UK motor industry and wider business community.<\/p>\n
\u201cFundamentally, the company car provides UK business with a method of flexible, cost-effective business transport that is really inaccessible through any other route.<\/p>\n
\u201cMaking company cars unattractive to employees from a taxation point of view doesn\u2019t mean that those same journeys won\u2019t be made \u2013 they will, but in cars provided by employees that will be older, more polluting and potentially also less safe.<\/p>\n
\u201cThe way in which the company car market provides a continual turnover of relatively new stock through the remarketing sector is perhaps the single most important reason why the UK has among the least polluting vehicle parcs in the world.\u201d<\/p>\n
The BVRLA is urging the Government to act in four main areas over the WLTP consultation:<\/p>\n
Sam added: \u201cWe are urging all of our member organisations to respond to the Government, using the BVRLA response as a framework, by the February 17 deadline.\u201d<\/p>\n
More details can be found at https:\/\/www.bvrla.co.uk\/resource\/taking-action-on-wltp.html<\/a>.<\/p>\n The VRA represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"