The chancellor has given the business car market clarity with regard to car benefit-in-kind charges until April 2017, but the industry is unlikely to like what it can now see.

There will be a one percentage point rise for all cars over 75g/km in April 2014, but in each of the next two years there will be a further two percentage point rise, which means the lowest BIK band in April 2016 will be 15%.