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The Spring Statement on 23rd March was designed to be a simple update; a chance to inform the public of the Office for Budget Responsibility’s (OBR) latest economic and fiscal forecasts.
However current events meant that The Chancellor delivered something between the update he originally planned and a full-blown Budget. The Statement didn’t contain many policies, but the ones that were there were significant.
In our latest Fleet Navigator episode, LeasePlan’s Head of Consultancy Matthew Walters discusses this and more with Specialist Fleet Consultant Caroline Sandall-Mansergh.
The economic and fiscal backdrop
Fuel Duty
National Insurance
Tax Changes
Company Car Tax rates
