Autumn Statement: Employers hit with £1.3bn diesel car tax rise

clock

Chancellor George Osborne has extended the removal of the diesel supplement on company cars until 2021 - costing employers an estimated £1.36bn extra.

The move means diesel cars will remain 3% more expensive than their non-diesel equivalents for five more years. The supplement was originally planned to me removed in 2016. Instead, HM Treasu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Employee Benefits

Most employers offering pensions cash alternative, WTW finds

Most employers offering pensions cash alternative, WTW finds

Three quarters offer alternative to pensions for employees restricted by AA, WTW finds

Jasmine Urquhart
clock 18 March 2025 • 2 min read
Benefex and Benify come together under single brand

Benefex and Benify come together under single brand

Benefex and Benify come together under single brand

Jonathan Stapleton
clock 11 February 2025 • 1 min read
How we won the WSB Awards 2024... Standard Life

How we won the WSB Awards 2024... Standard Life

Judges praised Standard Life for how it has empowered employers and engaged members

Workplace Savings & Benefits
clock 19 November 2024 • 2 min read
Trustpilot