All Company cars articles – Page 13
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Analysis
29, Exploring the myths behind company car schemes
If you read nothing else, read this…Common fears among employers include the perceived administrative burden or exposure to corporate risk through duty-of-care requirements.Employers can work closely with providers to understand the risks and costs involved in providing a scheme.Employers have a range of options of how to provide company cars.The ...
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Article
The future of business travel
https://player.vimeo.com/video/136701604The five minute video above covers: How can employers lower the total cost of mobility?What should employers take into consideration in order to focus more on looking after their employees?How can employers use business mobility to support the changing work of transport and travel?How can employers analyse the business travel ...
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ArticlePeel Ports introduces car salary sacrifice scheme
Peel Ports Group has introduced a car salary sacrifice scheme for its 1,100 members of staff.The scheme, provided by Tusker, launched in May 2015. It will build on the group’s flexible benefits scheme, which was introduced in 2014. Howard Sloane, group human resources (HR) director at Peel Ports Group, said: ...
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ArticleVehicle excise duty to be reformed
Summer Budget 2015: Chancellor George Osborne has announced that vehicle excise duty (VED) will be reformed in his Summer Budget 2015.The changes will affect new cars registered from 1 April 2017. There will be no changes to VED for existing cars.First-year rates will depend on the car’s carbon dioxide emissions, ...
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ArticleChancellor confirms fuel duty freeze
Summer Budget 2015: The government has once again confirmed that fuel duty will continue to remain frozen in today’s (8 July) Summer Budget 2015. Chancellor George Osborne originally cancelled the fuel duty increase planned for September in his 2014 Budget.Overall, action on fuel duty since 2011 will save a company ...
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AnalysisTop tips to keep company car tax low
If you read nothing else, read this…Choosing low-emission cars will keep tax bills low.Green cars can boost employees’ interest and reduce tax.Benefit-in-kind (BIK) tax is determined by the car’s list price and CO2 emissions.To keep costs low, employers must first do their homework about the costs associated with running a ...
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ArticleBritish Sugar introduces holiday trading
EXCLUSIVE: British Sugar has introduced holiday trading to its flexible benefits offering and is launching a salary sacrifice company car scheme this month (July 2015).The food manufacturer has seen take up of holiday trading reach 10% of its 1,250 workforce since its launch.It has also made a straight saving of ...
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OpinionMaking the most of tax-free mileage allowances
Whenever the subject of tax-efficient car benefits comes up these days, people naturally think of salary sacrifice.However, there are other travel-related areas where employers and business drivers can maximise the value of tax reliefs and allowances. For instance, anyone who receives a cash allowance in lieu of a company car ...
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Article82% have a staff travel policy
Staff expenses is the most common component of a staff travel policy, according to 88% of respondents to the Employee Benefits/Alphabet Fleet research 2015.The other top elements included in a policy include air travel (87%), train fares (85%) and hotel costs (85%).Operating a staff travel policy is a common arrangement ...
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Article72% offer optional car cash allowance
Almost three-quarters (72%) of employers offer an optional cash allowance as an alternative to employees taking a company car, according to the Employee Benefits/Alphabet Fleet research 2015.Just 13% do not offer a cash allowance, while 15% offer this on a compulsory basis.The reasoning behind this is to give staff more ...
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Article54% are reducing fleet emissions
More than half of employers (54%) are taking steps to make their fleets more environmentally friendly and to reduce carbon emissions, according to the Employee Benefits/Alphabet Fleet research 2015.While a third of respondents (33%) believe that company cars will always be part of the benefits package, and others cite that ...
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Article35% outsource fleet management
There are three main ways in which employers manage company car schemes, according to the Employee Benefits/Alphabet Fleet research 2015.The most popular way is to outsource fleet management completely to a specialist provider, as cited by 35% of respondents. The second most common option is to manage the fleet in-house ...
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Article21% provide a car cash allowance
Half of respondents (54%) to the Employee Benefits/Alphabet Fleet research 2015 choose to source their company cars through a contract hire arrangement, while 22% use finance leasing and 21% provide a cash allowance for employees to buy their cars independently.Ease of management is respondents’ key factor in choosing how company ...
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AnalysisWhat to include in a staff travel policy
If you read nothing else read this…A clear definition of what travel means for the business is needed before implementing a policy.Company cars remain the most popular travel benefit.Duty of care and awareness of legalities should be included.But employers must be careful about who they benchmark against.When employers are putting ...
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Article
Tusker inspires Herts
This article is written by our channel sponsor, Tusker.Tusker struck big at the prestigious Inspiring Hertfordshire Awards on 14 May and took away the award of the night, winning Overall Business of the Year. Not satisfied with one, it also scooped up the award for Innovation through Technology. The coveted ...
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ArticleSpie UK introduces hybrid company cars
EXCLUSIVE: Energy, safety and environmental solutions firm Spie UK has taken delivery of hybrid cars for its fleet.The new fleet comprises 1,000 ultra-low emission cars provided by ALD Automotive.The three-year contract with ALD Automotive is inclusive of accident management and total cost of ownership for employees, which provides a more ...
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ArticleTusker gives free use of electric car to Salford City Council
This article is written by our channel sponsor, Tusker.Leading salary sacrifice car scheme provider Tusker has given Salford City Council free use of a Nissan Leaf for a year, to help promote green travel among employees.Tusker has supplied 10 Nissan Leafs to key customers around the country to dispel the ...
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OpinionJohn Pryor: A multi-diverse mobility plan has never been greater
Cost management, risk management, carbon footprint reduction, business efficiency and effectiveness and time management are all issues that impact on corporate travel.Too frequently, many employers retain the status quo and simply accept that employees have a company car, will access a pool car or drive their own car and reclaim ...
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Case StudiesAxa includes a range of benefits for staff travel
The insurer has a comprehensive company car policy, which offers all its employees the opportunity to have a company car, using three funding methods: employee car ownership, contract hire and a salary sacrifice arrangement.It also offers a number of other travel-related benefits such as a cash allowance towards the cost ...
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Article
Tusker wins Best Car Scheme UK at the Business Excellence Awards
This article is written by our channel sponsor, Tusker.Tusker has won the ‘Best Car Scheme UK’ against stiff competition from some of its largest and most well-established competitors in the UK at the prestigious Business Excellence Awards, supported by Acquisition International.The Business Excellence Awards highlight and celebrate outstanding performance and ...