Boris Johnson and his advisors

Boris Johnson and his advisors

We totally support the drive to EV, BUT Elon Musk thinks global battery supply won’t even get close to meeting demand in the short to medium term. Presumably Boris Johnson is being briefed that it will. Polestar think that one of the most advanced BEVs available will...
P11D stats updated (finally!)

P11D stats updated (finally!)

HMRC have finally shared benefit in kind stats up to the end of April 2019 which show us that 870 thousand company cars were reported in 2018/19. The overall tax and NIC take by the exchequer rose to £2.46bn. These remain provisional numbers. This includes cars that...
Hybrid ban from 2030?

Hybrid ban from 2030?

I don’t know about you, but I dread reading the news every morning. I think we’re living in what the old Chinese curse would call “interesting times”! Right in the middle of all of this chaos the Government appear to be leaking that the hybrid ban will come in 2030,...
Polestar and Life Time Emissions

Polestar and Life Time Emissions

How impressive are Polestar? The new car is clearly a winner. And now they’ve put out their own Life Cycle Assessment of emissions comparing the Polestar 2 to a Volvo XC40 Petrol. This is a complex area and I’ve already read arguments on here disputing Polestar’s...
Changes to VAT on car contracts

Changes to VAT on car contracts

I wouldn’t normally post about VAT, however, this has potential to impact leasing companies and funders… HMRC have amended their guidance on the VAT treatment of early termination fees and compensation payments which could have a serious and wide spread...