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Nearly half of firms are unprepared for the new company car tax laws coming in with the 2013/14 financial year, according to a new survey.
Changes to benefit-in-kind, National Insurance and writing-down allowance boundaries all
kick in on 6 April, and a survey by Leaseplan found 48% of senior managers with fleet responsibility declared their businesses were unprepared, having not changed their car policies to take account of shifting emissions thresholds.
The leasing firm also surveyed 200 fleet drivers and found 89% claimed they weren't aware of incoming legislation despite the impact it would have on their company car tax bill.
"These tax changes have been introduced with the laudable intention of promoting the adoption of lower-emitting vehicles," said Leaseplan MD David Brennan.
"However, our research shows that fleet managers and drivers may not be aware of or be adequately prepared for the specific tax impact these measures may have."
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