2010 Budget news online
19 March 2010
BusinessCar.co.uk will bring you all the breaking news from the 2010 Budget as it happens, this Wednesday, 24 March.
The Budget is happening six weeks before the predicted general election date of 6 May.
It will set out Labour's plans, should it win the election, and will hopefully reveal more about plans for electric vehicle taxation and subsidy, as well as potential future tax policies for the business car market as a whole.
The Society of Motor Manufacturers has already responded to the announcement by calling for a "clear, consistent and supportive" Budget, including removing the planned hike in first-year VED tax and removing the 3% BIK penalty on diesel cars.
The SMMT has also called for clarity on the tax and incentive programmes for low-carbon vehicles.