Vehicle Excise Duty Increase Explained

Pendragon Vehicle Management's Divisional Managing Director, Neal Francis, takes a closer look at the recent budget announcement and explains what the increase in Vehicle Excise Duty Tax really means for company car drivers. Whether you are a Fleet Manager, company car driver or Fleet Decision Maker, what did you take from the Chancellor's latest budget announcement? Increased Benefit in Kind tax, potentially a reduction in future levels of writing down allowances?