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Government consultation on WLTP

Government consultation on WLTP

The Treasury has launched a review seeking evidence on the impact of WLTP on reported CO2 emissions, and views on whether changes are therefore required to Vehicle Excise Duty (VED) and company car tax.

The review notes that WLTP could result in an increased tax liability for consumers choosing a new car from April 2020, and states that the Government “aims to strike the balance between protecting consumers from increased transport costs and ensuring we meet our climate change and air quality commitments by providing clear incentives for zero and ultra low emission vehicles (ULEVs).”

The consultation closes on February 17 with the Government expected to outline its response in the spring.