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HMRC yet to confirm if investment in EV charging qualifies for super-deduction

HMRC yet to confirm if investment in EV charging qualifies for super-deduction

In the Budget 2021, the Treasury confirmed that fleets purchasing new heavy and light commercial vehicles could benefit from a 130% super-deduction tax relief. The super deduction applies to ‘main rate expenditure’, whilst a 50% special rate first-year allowance (FYA) will apply for ‘special rate expenditure’.  Whilst it was made clear that company cars would not qualify for the tax relief, qualification for businesses investing in electric vehicle (EV) charging infrastructure was not definitely confirmed. HMRC said that it would be... Read full article

Highways England backs trials of new tyre monitoring system

Highways England backs trials of new tyre monitoring system

A year-long trial of the WheelWright quartz senor system by the Driver and Vehicle Standards Agency (DVSA), backed by Highways England, found that one in twelve tyres were underinflated and identified 5,000 overweight vehicles on a monthly basis.  Highways England’s commercial vehicle incident prevention team (CVIPT) first backed a pilot of the system with Keele Services on the M6, before running trials with John Lewis in Milton Keynes, AW Jenkinson Transport in Penrith, and the DVSA check site at Cuerden, on the M62. These trials are... Read full article

Keep an eye out for electric tricycles in Westminster

Keep an eye out for electric tricycles in Westminster

The UK's leading resource management company Veolia has begun trialling electric pedal tricycles designed for on-street waste-collection in Westminster.  The electric tricycles are battery powered and intended to reduce pressure on the rider transporting up to 150kg of collected waste.  The trial will run over a period of three months with one electric tricycle operating in the Victoria area in Westminster and the other in the West End.  General manager at Veolia Westminster Julie Angulo said, “The electric tricycle trial is... Read full article

AFP chair Paul Hollick says that a lack of charging infrastructure is hindering EV adoption

AFP chair Paul Hollick says that a lack of charging infrastructure is hindering EV adoption

The Association of Fleet Professionals (AFP) says that the lack of a national strategy for kerbside charging infrastructure in the UK is the biggest barrier to electric vehicle (EV) adoption by businesses. Currently, 75% of the cost of kerbside charging installation, which costs around £2,500 per unit, is met by a national fund paid and the remaining 25% is covered by local authorities.  AFP chair Paul Hollick said, “We have national fleets who are AFP members and want to go 100% EV as soon as possible. The stumbling block they face is that... Read full article

Uber launches new Uber Green service

Uber launches new Uber Green service

Uber has launched a new ‘Uber Green’ service, meaning that customers can now, for the first time ever, specifically request a 100% electric taxi from Zone 1 in London.  The company says that this is the first stage in its commitment to a 100% electric service in London by 2025, “Uber Green will cost the same as a regular UberX journey on the app, as going green should never be more expensive.” Furthermore, Uber says that this option will be available in 60 European cities and 1,400 locations in the United States by the end... Read full article

A new Code of Practice for private parking companies

A new Code of Practice for private parking companies

The Ministry of Housing, Communities and Local Government has published its response to a consultation about parking code enforcement framework, outlining the framework surrounding a new independent Code of Practice for private parking companies. Some key points of the new framework include: A new “one stop shop” for parking appeals, meaning that penalties can be appealed to the same service regardless of which parking operator issued it.  Parking operators will be required to belong to an operated Approved Operator Scheme (AOS) run... Read full article

New car registration increased by 28% in March 2021

New car registration increased by 28% in March 2021

The number of new company cars registered to fleets increased by 28% (34,686 more cars) in March 2021, compared with the same period in 2020.  The Society of Motor Manufacturers and Traders (SMMT) found that in total, there were 283,964 new car registrations in March 2021, with fleet and business registrations accounting for 55.3% of the month’s market share.  Although, recent research has shown that demand for new cars is down in 2021 compared with previous years, with year-to-date figures from the SMMT showing that new car... Read full article

Government invests in Cornish Lithium mine for new electric technology

Government invests in Cornish Lithium mine for new electric technology

Eco-technology company Cornish Lithium has been extended a share of the UK government’s £9.4million investment into new battery and electric vehicle technology.  The funding will be split between twenty-two studies, also including a Cheshire-based EV magnet plant and a Loughborough company creating hydrogen storage for cars and vans.  Minister for Investment Gerry Grimstone said, “We have set an ambitious target to phase out the sale of new petrol and diesel cars by 2030. To support that it is crucial we invest in... Read full article

Both late and early MOT bookings have tripled

Both late and early MOT bookings have tripled

Servicing and repair company Kwik Fit has revealed that the number of drivers who ran over their MOT expiry date by more than three weeks has tripled in the last six months, in comparison to the same period in 2019. Figures show that 9% of MOT tests booked in the last six months were late by three or more weeks, compared with 3% throughout the whole of 2019.  On the flip side, the number of drivers booking their MOT five or more weeks ahead of its renewal date has also tripled.  Kwik Fit highlighted that these changes are likely a result of... Read full article

BVRLA forms new partnerships to provide market data and analysis for its members

BVRLA forms new partnerships to provide market data and analysis for its members

The British Vehicle Rental and Leasing Association (BVRLA) will partner with APD Global Research, Auto Trader and automotive experts Cap HPI to provide market data and trend analysis for its members. According to Fleet News, each of these partners will contribute as follows:  Auto Trader will be tracking metrics and trends relating to levels of supply and demand in the current market and fluctuations in the pricing of used cars. This data will be calculated based on daily pricing analysis of circa 900,000... Read full article

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Marshall Leasing is a trading division of N.I.I.B. Group Ltd a company registered in Northern Ireland under company NI3721, whose registered office is situated at 1 Donegal Square South, BELFAST, BT1 5LR. N.I.I.B. Group Limited is authorised and regulated by the Financial Conduct Authority