Welcome to Business Car Manager
The news headlines were full of outrage at road tax increases and showroom taxes following the Chancellor’s Budget. Whatever your view on the Chancellor’s tax-gathering motives, the VED changes were a side-show to the real story.
Two key announcements made a real impact on small business motoring. The first: removing the Expensive Car Leasing Disallowance. It effectively makes contract hire highly cost-effective. The second: leaving the generous AMAP rates – the tax-free mileage payments for using private cars on business – alone. Deloitte’s Nigel Morris has provided extensive analysis in two special reports; the contract hire news story is our lead below.
Ralph Morton - editor
HEADLINE NEWS
The Chancellor did small businesses a big favour in his Budget. He made contract hire a no-brainer with the full rental allowable against the P&L from April 2009.
ALSO IN THE NEWS
Honda is promising a high tech-spec, premium class car at good value prices. With monthly tax bills as low as £72 for the upmarket ES GT, it sounds a winning combination.
From the beginning of April, the regulations governing parking rules change. Fines reach £120; tickets can be issued through the post; check out the changes here.
Guy Salmon Prestige Rental is offering Business Car Manager readers the chance to experience Mercedes motoring for less with up to 15% off E-Class rentals.
ROAD TESTS
The Kia Procee’d. Pardon? Never heard of it! The name might be unfamiliar. But take note, says Auto Express’s Sam Hardy. It’s the first desirable Kia. Ever.
Solicitor Jackie Nash tells us why she loves the comfort, satellite navigation and frugality of her Honda CR-V. But the voice recognition system has led her sadly astray.
ADVICE CENTRE
It’s party! party! party! for Kitty Ebdon’s Crafty Arty Party company. But the serious business of getting to the party on time lies with their new Mercedes Sprinter van.
Business Car Manager Ltd, 95 Station Road, Hampton, Middx TW12 2BD. Registered as a company in England and Wales 5581943, and a member of the Federation of Small Businesses.
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