Business, Taxation & Finance Guide for Light Commercial Vehicles (LCV) 2022 TO 2023
Updated: March 2023
Transporting goods easily and safely across countries is essential for supply-chain stability and economic growth. With increasing pressure to reduce CO2 emissions from both customers and government policies, making the right vehicle choice is now even more important to businesses.
This guide explains what the main areas of automotive Finance and Taxation are and, more importantly, what they mean in a day-to-day context.
From Clean Air Zones and Intelligent Speed Assistance to access to the EV charging, these are the hot topics impacting commercial road users and fleet managers today.
Guide business customers to the right finance product for their commercial needs with this summary of: Contract Purchase; Hire Purchase; Contract Hire (Operating Lease) and Finance Lease
Whether its Income Tax for sole traders and partnerships or Corporation Tax for limited companies, keep up to date with the latest tax rates.
Regardless of whether a vehicle is purchased or leased, these are the latest Capital and Revenue Allowance rates that businesses can claim back from HMRC.
LCV Specific Tax
There’s an LCV for any business need – whether it’s a van, pick up truck, car-derived van, commercial 4X4 or dual cab, these are the latest LCV specific VED and BIK rates.
From the DVLA to the Road Haulage Association, this is a guide to some of the UK’s biggest automotive organisations, both in Government and the private sector.
Your A-Z on all technical terms relating to UK Automotive Business and Commercial Vehicle Finance.