{"id":4404,"date":"2013-03-20T16:39:43","date_gmt":"2013-03-20T16:39:43","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=4404"},"modified":"2013-03-20T16:44:58","modified_gmt":"2013-03-20T16:44:58","slug":"what-does-budget-2013-mean-for-van-owners","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/4404","title":{"rendered":"What Does Budget 2013 Mean For Van Owners?"},"content":{"rendered":"

Budget 2013: Van owners are will see road tax increase in-line with inflation and and will pay slightly less fuel duty than they would have done, but there were no earth-shaking changes in today’s budget.<\/strong><\/p>\n

Here’s a quick summary of the announcements in today’s budget that may affect van owners and operators:<\/p>\n

Vehicle Excise Duty (Road Tax)<\/h3>\n

The government has no plans to reform road tax in the current parliament.<\/p>\n

From 1 April 2012, road tax will increase in line with Retail Price Index (RPI) inflation. For van owners, this means \u00a35 per year more:<\/p>\n\n\n\n\n\n\n\n\n\n\n
Vans (up to 3.5t) registered before 1 March 2001<\/strong><\/td>\n<\/tr>\n
Engine size<\/td>\n2012\/13 tax year<\/td>\n2013\/14 tax year<\/td>\n<\/tr>\n
1,549cc or below<\/td>\n\u00a3135<\/td>\n\u00a3140<\/td>\n<\/tr>\n
Above 1,549cc<\/td>\n\u00a3220<\/td>\n\u00a3225<\/td>\n<\/tr>\n
Vans (up to 3.5t)\u00a0<\/strong>registered on or after 1 March 2001<\/strong><\/td>\n<\/tr>\n
Emissions rating<\/td>\n2012\/13 tax year<\/td>\n2013\/14 tax year<\/td>\n<\/tr>\n
Euro 4\/5 compliant<\/td>\n\u00a3135<\/td>\n\u00a3140<\/td>\n<\/tr>\n
All other vans<\/td>\n\u00a3215<\/td>\n\u00a3220<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Fuel Duty<\/h3>\n

The Chancellor also announced that the proposed 1.89p increase in fuel duty that was planned for 1st September 2013 will be cancelled.<\/p>\n

In a possible sign of things to come, the budget included confirmation that in 2015-16<\/strong>\u00a0“the duty differential for\u00a0lique\ufb01ed petroleum gas will be reduced by the equivalent of 1 penny per litre.”\u00a0<\/em><\/p>\n

<\/em>Anyone thinking about buying a van with an LPG conversion might want to consider this — cost savings of using LPG are solely down to its favourable tax treatment. You certainly don’t get better mpg and the fuel itself isn’t intrinsically cheaper.<\/p>\n

If LPG’s favourable tax treatment is reduced or removed, there is no real cost benefit. Interestingly, the difference between the main rate of fuel duty and the rate for\u00a0compressed natural gas (CNG)<\/em> is going to be maintained. I wonder what the logic is in the different treatment of LPG and CNG?<\/p>\n

Van Benefit Charge<\/h3>\n

Van benefit charge will be frozen at \u00a33,000 in 2013\/14 and will be increased in line with RPI from 6th April 2014. The fuel benefit multiplier (Fuel Benefit Charge) will also increase in line with RPI from 6th April 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"

Budget 2013 contained little of interest to van owners and operators: road tax is set to increase in line with inflation only (\u00a35 per year) and September’s fuel duty increase has been cancelled.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[1686,1687],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/4404"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=4404"}],"version-history":[{"count":4,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/4404\/revisions"}],"predecessor-version":[{"id":4407,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/4404\/revisions\/4407"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=4404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=4404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=4404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}