Thursday, August 6, 2009
Motorhome Hire, Campervan Conversion
Wednesday, July 22, 2009
Van buyers obtain access to CO2 figures
A van buyer’s direct that gives details of CO2 emissions is way to be published shortly, according to the public of Motor Manufacturers and Traders (SMMT).
SMMT has been functioning with the Department for Transport (DfT) in rising the guide to help fleet managers decide and operate the right kind of vehicle for their business.
The guide is the initial stage of a larger plan, run in conjunction with the Vehicle Certification Agency (VCA), which should observe the launch of a van CO2 database at next year’s Commercial Vehicle explain, at the end of April 2009.
In the meantime, SMMT is support the Vehicle Certification Agency to build up an online database detailing CO2 emissions beginning vans by model type, to supply data for those concerned in the van buying process, said John Procter, media director at the SMMT.
In sort for this data to be important, SMMT, DfT and the VCA will shortly be deciding on the necessary search criteria.
Once this has been determined, the vehicle manufacturers will provide the necessary data to the VCA.
Once peopled, the database will be then subjected to testing in training for its launch at the profitable Vehicle Show, in Birmingham.
Speaking at the Fleet Van discussion, Mr Procter added: “The SMMT wants to give confidence van buyers to choose the right vehicle for the job.
We too want to prove the link between CO2 emissions and running costs.
The news comes after the BVRLA launched its own online CO2 tool to evaluate the emissions of different vans.
While van makers include now agreed to issue data in 2009, the BVRLA had to work in combination with consultants at Clifford Thames to create its own guide.
“We expect this online tool will fill few information vacuum faced by UK van buyers,” said Jay Parmar, the BVRLA’s head of legal services.
Since emissions data for LCVs is not publically accessible in the UK, the BVRLA in order has been sourced from Germany’s Federal Motor Transport Authority.
Thursday, June 18, 2009
Special Tax Break on New Car Purchases Available in States With No Sales Tax
The Internal Revenue Service and Treasury Department today announced that a tax break for the purchase of new motor vehicles is available in states that do not have a state sales tax. Under the American Recovery and Reinvestment Act of 2009, taxpayers who buy a new motor vehicle this year are entitled to deduct state or local sales or excise taxes paid on the purchase.
The IRS and Treasury have determined that purchases made in states without a sales tax — such as Alaska, Delaware, Hawaii, Montana, New Hampshire and Oregon — can also qualify for the deduction.
The IRS said today that taxpayers who purchase a new motor vehicle in states that do not have state sales taxes are entitled to deduct other fees or taxes imposed by the state or local government. The fees or taxes that qualify must be assessed on the purchase of the vehicle and must be based on the vehicle’s sales price or as a per unit fee. According to the IRS, Congress intended for these fees or taxes to qualify for this special tax deduction.
“This special tax break is available for people purchasing a new car this year, and that can include people in states without a sales tax,” said IRS Commissioner Doug Shulman. “This means that more people can take advantage of this deduction when they file their tax returns next year.”
To qualify for this deduction, the vehicle must be purchased after Feb. 16, 2009, and before Jan. 1, 2010. Taxpayers can claim this special deduction only on their 2009 tax returns to be filed next year.
The deduction is limited to the fees or taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle.
The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.
The special deduction is available regardless of whether taxpayers itemize deductions on their returns. Taxpayers who do not itemize will add this additional amount to the standard deduction on their 2009 tax return. The IRS reminded taxpayers the deduction may not be taken on 2008 returns.
