The impending Budget changes continue to highlight the importance of choosing cars with low CO2 emissions – the only way to reduce tax liabilities for both company car drivers and fleet decision makers. Ford Fleet offers advanced engine technologies which include a broad spectrum of low-emission petrol, diesel and hybrid models designed to fill every need, from city cars through to SUVs and light commercial vehicles that provide attractive and cost-effective solutions to your fleet requirements.
Vehicle Excise Duty (VED):
Increased first year rates of VED for new diesel cars that do not meet the Real Driving Emissions Step 2 (RDE2) standard come into force on April 1st 2018. An RPI-linked rise in VED for cars already registered at March 31st 2017 also applies from the same date.
Company car tax (CCT) bands:
The diesel Benefit-in-Kind tax charge rises from 3% to 4% for diesel cars that do not meet the Real Driving Emissions Step 2 (RDE2) standard, applicable from April 6th 2018.
Capital allowances and lease rental restriction:
From April 1st 2018, the CO2 emissions threshold for main rate capital allowances for new car purchases falls from 130g/km to 110g/km. On the same date, the 100% first-year allowance threshold reduces from 75g/km to 50g/km, applicable until March 31st 2021.
Fuel benefit charge (FBC):
The fuel benefit charge (FBC) used to calculate the tax due on employer-provided fuel for private is set at £23,400 from April 6th 2018, rising from £22,600 in 2017-18. For vans, the benefit charge for fuel provided for private use rises from £610 to £633 on the same date.
Van benefit charge (VBC):
For conventionally fuelled light commercial vehicles, including ‘Double-Cab’ pick up trucks, the VBC is set at £3,350 in 2018-19, or £3,983 if the employer also provides fuel for private mileage
Van benefit charge (VBC) for zero-emission vans:
VBC is supported on a tapered basis until 2020. In 2018-19 the VBC rate paid by electric vans is 80% of the rate paid by conventionally fuelled vans (£3,350). On April 6th 2019, the rate rises to 90% in 2019/20, with the rates equalised in 2020.
Vehicle Excise Duty for vans:
Retail Price Index-linked rises in VED for vans come into force on April 1st 2018, with the new rates shown in the PDF available to download from this page.
Road fuel duty rates remain unchanged from 2017-18 levels in 2018-19.
ULEVs and electric vehicle charging infrastructure:
The November 2017 Budget announced a new £400m charging infrastructure fund, investment of an extra £100 million in the Plug-in-Car Grant (PiCG) and £40 million in extra funding for research and development into charging technologies.