Fleet Tax Guide updated for the mini-budget - The Growth Plan summary.

Our Fleet Tax Guide for fleet, leasing companies and manufacturers has been updated to include a summary on the Kwasi Kwarteng mini-budget of September 2022.

The abolition of the HSCL and immediate NIC rate reduction will reduce these across the board, and will be particularly welcomed by public sector employers and small and medium enterprises that will be unaffected by the repeal of the corporation tax increase, but there might be a greater long-term impact for larger employers, especially for those larger corporate fleets that have already set their company car tax policy on the presumption that the rate would rise to 25%, or partnership fleets working on the basis that the highest rate of income tax would be 45%….

The full article is updated and distributed for all our Fleet Tax Guide customers.

You can read more on the Volvo Fleet Tax Guide, optimised for mobile reading, here, and clicking the 2022 Growth plan Summary button. Or view our own demonstration site using the button below.