News and Comment on Risk

According to the thousands of weekly checks that the Licence Bureau is undertaking, there are approximately 24,000 people driving illegally for companies in Britain today. In addition, 1 in 300 licences were found to be invalid during 2011. Out of the non-compliant drivers that were checked by Licence Bureau, 43% were found to be driving …

      Overview & Highlights If the signals to businesses regarding the government’s desire to continue to drive down emissions whilst remaining ‘Neutral’ on the overall ‘Tax Take’ on company cars was not previously clear, it should be abundantly so following the 2012 budget. The budget addressed all aspects of company car taxation, from …

Against a backdrop of the highest fuel taxation in Europe, HMRC has published new advisory fuel rates (AFRs) today with a 1p per mile increase for diesel fueled cars, dependent on engine size. The rates, which are those set as ‘reasonable’ for businesses to repay drivers for fuel used for business mileage, will take effect …

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% …