7 Key Points From The Autumn Statement That Affect The Fleet Industry

The Autumn Statement last week was aimed at boosting productivity whilst maintaining the Government's green agenda, and the Chancellor of the Exchequer Philip Hammond announced a range of key measures that will affect the fleet industry. This article highlights 7 points you need to be aware of: Salary Sacrifice As we reported on Wednesday, tax and employer national insurance benefits of salary sacrifice schemes will change in accordance with the consultation paper previously published with the exception of Ultra-Low Emission Cars i.e. vehicles defined as emitting less than 75g/km of CO2. However, current vehicles and those contracted prior to April 2017 cars will continue to operate under the current tax structure.