Thursday, November 21, 2024
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Budget: AFP launches manifesto

The Association of Fleet Professionals (AFP) has launched its refreshed tax and regulation manifesto ahead of the government’s Budget on March 15.

The document, which was first released two years ago, includes support for electric vans, introducing a charge point regulation, public charging VAT meeting home charging at 5%, and tax breaks for hydrogen or community charging projects to encourage local authorities to implement schemes.

The manifesto was the result of several months of work by the AFP’s Future Mobility Steering Committee, it said.

Speaking about the refreshed document, AFP chair, Paul Hollick, said: “As a campaigning industry body, the Tax and Regulation Manifesto represents the AFP’s core thinking. It is designed to focus on practical ideas, ranging from quite small detail alterations to major strategic shifts, around which we believe that change or definition is required to enable businesses to move forward with their fleet and mobility plans faster and more effectively.

“Our 2021 Tax Manifesto was successful in that our number one request – to provide more information about future benefit-in-kind taxation – was achieved last year almost exactly in line with our thinking. We believe this very much shows that the government is listening to the fleet sector and we are hopeful that some of the ideas that we suggest here will ultimately be adopted.”

“We’ve been having wide-ranging discussions with our members and other interested parties about developing our original ideas in areas where we believe that the taxation of fleets and mobility needs changing or developing in order to create effective incentives, greater certainty and more fairness.

“Of the 21 points we suggest, several could be implemented quite easily, almost at the stroke of a pen. Others, such as the need for discussions around a road tolling plan, are very much strategic and part of longer-term shifts in policy.

“The results, which we believe are constructive, realistic and thought-provoking, are contained in this document. We’re releasing the manifesto now, just ahead of the Spring Budget, because this is when discussion around policy and fiscal measures affecting fleets are at their peak. We want the document to spark as much discussion as possible.”

Image courtesy of Shutterstock

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