Budget 2011
The Finance Bill 2011 continued the trend of increasing percentages relating to company car tax. The were also the annual changes to Fuel Benefit and Approved Mileage Allowance Payments rates. Although we cover these changes in the articles listed below, you can also read the main announcements as detailed by the HMRC here as a PDF, however, they're best read in conjunction with our journalists' expert opinion.
For the current potential impact on your personal tax liability based on the P11D value and Benefit in Kind please use our company car tax calculator.
Latest Budget 2011
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01 Apr 11READER POLL: Budget 2011 impactLast month's Budget held a lot of relevance for fleet managers across the country with a decrease in fuel duty, BIK and VED rates confirmed and AMAP i...
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24 Mar 11BUDGET 2011: Clarity concern over future BIK rates, says ACFOConcern regarding the advance notification of company car tax rates, which has slipped from a three-year to a two-year cycle, continues according to A...
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23 Mar 11New 2011 VED bandsChancellor George Osborne has confirmed the Vehicle Excise Duty Bands for 2011, which come into effect from 1 April 2011. As before, there is one figu...
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23 Mar 11BUDGET 2011: Green light for ECO schemesThe government has confirmed that it does not view structured Employee Car Ownership schemes as tax avoidance measured and so they will not be include...
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23 Mar 11BUDGET 2011: AFR rates should increase, says BVRLAThe government should increase advisory fuel rates following on from today's Budget which announced a rise in AMAP rates, according to BVRLA chief exe...
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23 Mar 11BUDGET 2011: Businesses to keep more profitsA significant reduction in the headline rate of corporation tax signals that "Britain is open for business", according to Chancellor George Osborne. T...
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23 Mar 11BUDGET 2011: Fuel benefit charge risesThe fuel benefit charge, that sets out the amount employees given free fuel by their company will be taxed, has risen by £800 to £18,800.
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23 Mar 11BUDGET 2011: VED rises in line with inflationVehicle Excise Duty will rise from 1 April 2011 for all cars emitting more than 120g/km.
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23 Mar 11BUDGET 2011: Inflation to stay above targetThe Chancellor acknowledged in his Budget speech that the UK rate of inflation is likely to stay above government targets for at least the next 18 mon...
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23 Mar 11BUDGET 2011: Costs of running fleets to riseThe cost to companies of providing business cars for staff is to rise from this April, the Chancellor confirmed in his Budget speech.
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23 Mar 11BUDGET 2011: BIK rates confirmed for 2013Company car benefit-in-kind rates have been confirmed for 2013, with 95g/km becoming the new greenest threshold.
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23 Mar 11BUDGET 2011: Tax merge plan to affect BIKA major review of business car benefit-in-kind taxation will be needed as a result of government plans to merge the income tax and National Insurance...
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23 Mar 11BUDGET 2011: Key pointsChanges to fuel price duty, company car benefit-in-kind tax, Approved Mileage Allowance Payments, VED, National Insurance contributions and the tax on...
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23 Mar 11BUDGET 2011: Industry responseThe business car industry responds to the 2011 Budget.
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23 Mar 11BUDGET 2011: AMAP rates increaseThe government has confirmed it will raise AMAP rates from 40p to 45p from 6 April, benefiting grey fleet drivers.
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10 Nov 10Budget 2011 date setGeorge Osborne's 2011 Budget will be held on 23 March, the chancellor has confirmed. The date was revealed to the Treasury Select Committee, and is a ...