i have been told unofficially by friends who have heard from friends but no-one can tell me exactly whats going on.

they say tax laws are changing on company vans to 33% of the cost new for the first three years and then reducing there after. can anyone tell me what is going on and when it comes into force i am being told april , this will mean an end to the attraction of a van where i was quite happy paying tax on a flat rate £500

seems alot to me but if its right the old tax man is in for a major increase in revenue

please tell me they have it wrong

merry xmas all