Analysis – Page 6
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Analysis
Fuel cards are a winner for company car fleets
If you read nothing else, read this….Fuel cards are effective for capturing employee mileage and fuel consumption data more accuratelyFuel cards can simplify administration and the burden on payroll processesFuel cards are often confused with offering staff free fuelThe tax advantages of offering free fuel for private use have been ...
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Analysis
Thought leaders 2010: The year ahead: Green incentives spark economy drive
Key pointsThe recession has led employers to scrutinise their company car and business costsMany are focusing on corporate social responsibility and therefore on greener fleetsThe tax regime around low-emission cars is causing employers to rethink which cars they offer and how they do soIt is worth putting company cars into ...
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Analysis
Economical alternatives to company pool cars
Pool cars can be a costly way to provide staff vehicles and there are better alternatives, says Nic PatonIf you read nothing else, read this...Pool fleet cars need to be in use 50% of the time just to break even.Pay-as-you-go car clubs can be an alternative to pool vehicles, but ...
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Analysis
Mitigating fleet driver risk
Cutbacks during the recession have put company car drivers under pressure, possibly increasing risk levels, says Sarah ColesIf you read nothing else, read this...- The risks attached to driving for work increase if drivers are working harder, and must be mitigated by policies and training.- Structured risk management programmes can ...
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Analysis
How to run a company car fleet tax-efficiently
Recent tax legislation has opened up new potential savings for company car fleets, says Nic PatonCase study: DeloitteIt may well be, to quote Benjamin Franklin, that nothing is certain in life except death and taxes. But for company car fleet managers at least, recent legislation means that, with careful planning ...
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Analysis
The most environmentally-friendly models of company car
Manufacturers are working overtime to increase the range of green cars available, says Ashley MartinCompany fleets are increasing the use of green cars, with business travel proving the most welcoming arena for take-up of new, more efficient models and alternative technologies.Many manufacturers are racing to bring out new low-emission petrol ...
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Analysis
Using driver to improve fleet efficiency
Driver training can make company car users safer and save their employers money, says Nic PatonAccording to statistics published by the Department of Transport, almost one in three UK road accidents involves a company vehicle, while 200 deaths or serious injuries a week involve someone driving for work.In January this ...
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Analysis
Keep mileage claims under control
Making sure employees' mileage claims are accurate can keep employers' fuel costs under control, says Nic PatonIf you read nothing else, read this...Mileage capture schemes can reduce fraudulent claims and help with HM Revenue and Customs compliance.Recognise that not all mistakes will be down to fraud.Employers should spend time communicating ...
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Analysis
Cutting fleet costs while matching employee needs
Employers are looking at various ways to cut car costs during the recession, including mixing fleet funding methods to better match arrangements to individual employees' need, says Nicola SullivanIf you read nothing else, read this...- Employers that adopt a mixed-fleet approach, rather than a one-size-fits-all method, may be able to ...
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Analysis
Benefits surgery: Company cars and salary sacrifice
We are considering implementing a salary sacrifice arrangement for our company cars. How would this work?We are seeing a significant amount of interest in salary sacrifice arrangements for cars. The interest may come from the view that there is a possibility of introducing this benefit at no cost to the ...
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Analysis
Driving down fleet car costs
Executive summaryNovember's pre-Budget report confirmed the last pieces of the company car taxation jigsaw to bring them in line with the government's CO2 agenda. So now might be a good time for employers to revisit their fleet strategy.If employees can be switched into lower CO2-emitting cars, there is a compelling ...
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Analysis
Ensuring the safety of company car users
There is little legal compulsion for employers to ensure their company car users are sufficiently fit and healthy to drive, but there are plenty of good reasons why they should do so, says Katrina McKeeverThere is little in law to compel employers to check the health of their drivers when ...
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Analysis
Developments in green fleet
The stumbling blocks to employers running a green fleet have been steadily removed thanks to manufacturers' improved technology and a wealth of tax incentives, says Tom WashingtonSince the government introduced a CO2 emissions-based benefit-in-kind (BIK) tax aimed at cutting pollution in 2002, the fleet market has been slowly evolving to ...
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Analysis
Managing fleet risk in the public sector
New health and safety legislation will have a significant impact on fleet managers, particularly in the public sector if an organisation’s employees use their own cars for work travel, says Nic PatonMuch has been said about the need for employers to manage risk more closely after the Corporate Manslaughter and ...
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Analysis
Lloyds TSB's proposed merger with HBOS could create fleet giant
Lloyds TSB's proposed merger with HBOS would create the country's biggest fleet management player and rationalisation is inevitable, but there should still be plenty of competition, says Nic PatonOne of the less remarked-upon aspects of the agreed £12bn merger of Lloyds TSB and Halifax Bank of Scotland (HBOS), has been ...
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Analysis
Buyer’s guide to driver training
Driver training can help to reduce fleet costs and keep employers on the right side of the legal road, says Tom WashingtonDriver training can counteract or reduce many of the risks and costs involved in having employees on the road. It is a way for employers to fulfil their corporate ...
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Analysis
Minimise your corporate tax on company car fleets
Executive Summary New capital allowance rules come into effect next April and all cars will be taxed according to the level of carbon dioxide they emit per kilometre. Rental disallowance will be set at a flat rate of 15% for cars emitting 160g/km or less of carbon dioxide, regardless of ...
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Analysis
How to calculate the whole life cost of cars
Motivated by factors such as tax changes and the potential savings on offer, employers are increasingly moving towards calculating the whole life cost of vehicles within their fleet, says Laverne HadawayAs the economic downturn continues, knowing precisely how much items cost is more important than ever, both for employers and ...
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Analysis
The future of traditional company car schemes
Tax changes may have made most company cars less attractive as a perk, but corporate manslaughter legislation has left employers in a quandary over alternative arrangements, says Nicola Sullivan.†Traditionally, employers have regarded company cars as one of the most valued perks they can offer, but changes in tax rules mean ...
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Analysis
Company car fleets are going green to cut fuel costs
Changing the way company car drivers use their vehicles not only boosts a company's green credentials, but boosts the bottom line, reports Roger CarterBuilding a business case for cutting the carbon footprint of the fleet hasn't always been straightforward. It relies on the idea that corporate social responsibility eventually feeds ...