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After all the public outcry over the Vehicle Excise Duty (VED) reforms that were proposed by the Chancellor, a cross party committee has come out in favour of the proposals. When the Chancellor announced his plans to introduce the green banding retrospectively on not only new cars but also old cars pushing millions of used cars into higher tax bands the Tories and some Labour MPs condemned him for Read more »

The Government has announced that it will not be adjusting the Approved Mileage Allowance Payments (AMAP) which are paid to 4 million employees who drive their own cars for work even though we have seen some swingeing increases in fuel costs since the rates were introduced at the current level 6 years ago. After a 12 month review HM Revenue and Customs announced that the rates would remain the same at Read more »