Taxman’s attack on company car perks ‘helps explain traffic stabilisation’

The mainstream media has latched on to ‘peak car’ – the idea that car traffic levels have stabilised and may even fall. A new study published this week tries to get behind the headlines to examine what has brought about the stabilisation and what insights there are for the future

Changes to company car taxation in the late 1990s and early 2000s caused a huge drop in car mileage and goes some way to explaining why car traffic stabilised before the economic downturn hit in 2008, according to research published this week.  

The report, which aims to inform the debate about ‘peak car’, was commissioned by the RAC Foundation, the Independent Transport Commission, the Office of Rail Regulation and Transport Scotland. Its authors are Scott Le Vine, a...

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