The Association of Fleet Professionals (AFP) has unveiled a new Tax and Regulation Manifesto, set to influence upcoming discussions ahead of the General Election.
- The manifesto determines clearer guidelines for 4.25 tonne electric vans, addressing confusion in the industry.
- Benefit in kind taxation tables have been extended to 2030, supporting long-term planning.
- Proposals include halting Vehicle Excise Duty for electric vans from April 2025.
- The document calls for enhanced fiscal incentives to boost electric vehicle appeal in the used market.
The Association of Fleet Professionals (AFP) has introduced a refined Tax and Regulation Manifesto, aimed at guiding fleet policies with a strategic focus on electric van regulations. As the General Election approaches, this manifesto is positioned as a pivotal tool in shaping future dialogue between industry leaders and policymakers.
Significantly, the manifesto addresses the ongoing ambiguity surrounding 4.25 tonne electric vans. This has been a point of contention, with the fleet community demanding clarity on regulatory requirements. By establishing more explicit guidelines, the AFP seeks to mitigate operational uncertainties, thus fostering greater adoption of these vehicles.
In a forward-thinking move, the extension of benefit in kind taxation tables up to 2030 signals a commitment to providing businesses with the stability required for long-term planning. This element of the manifesto is particularly vital as companies navigate the evolving landscape of fleet electrification, which remains fraught with challenges.
Moreover, the manifesto proposes the removal of plans to implement Vehicle Excise Duty on electric vans starting April 2025. This recommendation supports the overarching goal of making electric vehicles more accessible and financially attractive, thereby encouraging a broader transition away from traditional combustion engines.
Additionally, the manifesto highlights the necessity for fiscal mechanisms to enhance the appeal of electric cars and vans in the secondary market. This is crucial for creating a sustainable cycle of use and resale, ensuring that these vehicles remain a viable option across different market segments.
Paul Hollick, AFP chairman, remarked on the complexities of transitioning to electric fleets, especially in comparison to cars. He underscored the need for improved charging infrastructure, a recurring concern that the manifesto addresses through calls for regulatory and fiscal support to develop accessible, affordable, and efficient charging solutions.
The AFP envisions this manifesto as a catalyst for conversation within both the fleet sector and political arenas. Hollick expressed a desire for the future government to seriously consider these proposals, many of which could be implemented swiftly by the new administration. Others, however, such as road tolling plans, require more strategic, long-term legislative changes.
The AFP’s manifesto is poised to play a critical role in redefining fleet industry standards and regulations, promoting a smoother transition to electric vehicles.
