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Time is running out on Euro-5 RPC tax benefits

2nd April 2009, Page 14
2nd April 2009
Page 14
Page 14, 2nd April 2009 — Time is running out on Euro-5 RPC tax benefits
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CM COVER STORY THOSE READERS looking to buy a new vehicle are reminded that the deadline for qualifying for a Reduced Pollution Certificate (RPC) on a new Euro-5-engined truck runs out when Euro-5 becomes mandatory on all new vehicles on 1 October. Volvo Trucks comments: "All the Euro-5 compliant engines currently produced by the firm, in advance of the deadline for implementation, are eligible for up to £500 annual VED benefit on the largest vehicles, providing the vehicle is registered and taxed before 1 October 2009."

The company's commercial truck director, Ian Mitchell, adds: "The £500 VED annual benefit will disappear from 1 October. However, as long as they register and tax the vehicle before the 1 October deadline, operators can claim the RPC for all Euro-5engined Volvo trucks, including those fitted with our new range of engines." Despite intense lobbying from truck-makers and the SMMT, the government has yet to declare if it will provide further RPC incentives beyond the Euro-5 deadline in October, not least to Enhanced Environmentally Friendly Vehicles (EEVs), which offer even lower levels of NOx. particulates and hydrocarbons

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