Human Resources, along with ‘Compensation and Benefits’ departments, are more often than not, the owners of company car policies. The truth of the matter is, that whether we like it or not, the company car is usually more than just a working tool; it is a highly emotive benefit that evokes some of the most vociferous discussions within businesses and as such any changes demand a careful approach.
Fleetworx, the specialist fleet category management company, has this month launched it’s all new ‘Client Dashboard’ site, Fleetworx.net. The site is designed to give Fleetworx’ domestic and international clients a ‘heads-up’ on the key costs and dynamics of their vehicle fleets, but also uniquely it also provides clear trends and projections that will assist in …
In the Governments ‘Autumn Statement’, Chancellor of the Exchequer George Osborne surprised many observers when he deferred the scheduled 3p per litre rise in fuel duty due in January. He went on further to disclose plans to cancel an inflation increase due in August 2012, worth around 1.92p per litre. Consequently, as things stand, the …
The new Audi A4 promises to deliver even better tax and fuel efficiency across it’s range, with the 2.0TDi engine now emitting as low as 112g/km CO2, and delivering 67.2 miles to the gallon. A full range of petrol and diesel engines will be available, all delivering greater economy than before and lower CO2′s. However …
HMRC has won on appeal a case brought by Cheshire Employer and Skills Development Limited (CESDL), formerly Total People Ltd, which claimed that it had overpaid Class 1 National Insurance contributions between 2002 and 2006 amounting to £146,000. In the original case CESDL stated that NIC’s should not have become payable on cash sums paid …
GE and Peugeot-Citroen (PSA) have chosen the Frankfurt Motor Show to sign an agreement which will see GE take 1000 electric vehicles from the motor manufacturer. GE Capital, which operates 250,000 vehicles across Europe has committed to acquiring 25,000 electric vehicles worldwide by 2015. Not surprisingly given their origin, GE are committed to electric vehicles …
Businesses of all sizes are now realising that the cheapest mile that you can drive is the one that you never do. With fuel representing an ever increasing portion of the vehicle Total Cost of Ownership, the need to manage the miles driven on business and the fuel consumed has never been greater. The single …
According to a recent trial (the largest of its kind) carried out by ‘CABLED’ (Coventry and Birmingham Low Emission Demonstrators) and Mitsubishi Motors, Electric Vehicles (EV) are more than capable of meeting the need for efficient urban transportation. Their findings show that over three-quarters of journeys undertaken lasted less than 20 minutes and only 2% …
With 19 countries across Europe now using CO2 emissions for the basis of their car taxation in some shape or form, it is clear that in order to contain or reduce overall costs, fleets will have to sit up and take notice. Those who pursue car policies that respect this fact, will have a good …
The European Court of Justice (CJEU) has ruled that in some circumstances, benefits being offered in exchange for a salary sacrifice, will attract VAT as they are deemed a ‘supply of services’. Salary Sacrifice based company car schemes could in some cases, fall foul of this ruling, making employees liable for VAT on the benefit. …
Alphabet, the leasing company owned by BMW, has acquired ING Car Lease, taking it’s footprint across Europe from 14 to 16 countries. Started in the UK in 1997, Alphabet has experienced steady, but mainly organic, growth since then. The acquisition of ING Car Lease will provide a unprecedented growth for Alphabet, taking it into the …
