All Company cars articles – Page 16
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ArticleEsri UK launches car salary sacrifice scheme
Esri UK has launched a car salary sacrifice scheme for its 300 employees. The geographical mapping and analytics company’s ‘simplydriveit’ scheme, which is provided by Pendragon Contracts, enables staff to select from a list of cars with emissions capped at 130g/km to meet the organisation’s environmental targetsPendragon Contracts has also ...
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AnalysisWhat are the current trends in fleet funding?
If you read nothing else, read this…There are six types of funding options available to employers to fund company cars.Contract hire is the most popular of these and is often used for salary sacrifice arrangements.Employers are opting for a combination of funding methods to offer more choice to employees.Organisations are ...
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ArticleCO2-emissions limit top driver of car choice
Nearly two-thirds (62%) of respondents cited a carbon dioxide (CO2) emissions limit as the top criteria for employee’s company car choice, according to research by GE Capital’s fleet services division.Its Company car trends research, which surveyed 200 fleet decision makers, found that other criteria included the car’s fitness for purpose ...
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Video
How to implement car salary sacrifice for your business
brightcove.createExperiences();The 9-minute video tutorial above covers:What is car salary sacrifice?What are the financial advantages?How can you evaluate if car salary sacrifice is right for your business?How can you mitigate the risks around car salary sacrifice?What does the future look like for ...
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Article?TRL launches car salary sacrifice scheme
The UK’s Transport Research Laboratory (TRL) has launched a salary sacrifice car scheme for its employees. Through the scheme, which is provided by Leasedrive, employees at the transport innovation, research and advice company will be able to sacrifice some of their salary in exchange for a new car, which is ...
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ArticleQ Care launches car pool scheme
EXCLUSIVE: Q Care has launched a car pool scheme for its 600 employees. The domiciliary care organisation is offering staff a contract hire agreement with provider Lex Autolease, leasing 28 cars with plans to extend this to 100.Its previous travel arrangement meant employees had to use personal cars for business ...
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Article89% of fleet drivers have faked mileage claims
Nine out of 10 (89%) respondents have submitted an inaccurate mileage claim to their employer, according to research by car hire organisation Flexed.co.uk.Its research, which surveyed 1,200 company car drivers, found that 63% of respondents had added personal miles to their work driving total for personal gain.The research also found:20% ...
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Case StudiesAsda makes savings with company car scheme
The retailer has more than 150,000 staff and introducing the scheme, provided by Zenith, has helped the organisation and its employees to save on car running costs.To date, Asda has saved about £6,000 per company car compared to the cost of providing a cash allowance. Savings are made on fuel, ...
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ArticleGuide Dogs Association launches salary sacrifice cars
The Guide Dogs for the Blind Association has launched a salary sacrifice car scheme for 1,200 eligible employees.The UK-wide charity has signed a four-year contract with Leasedrive, which will supply its Mycar scheme to the organisation.As a registered charity, Guide Dogs is also able to make use of the benefits ...
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Article
Capital One awarded best staff travel policy
Capital One won the award for Best staff travel policy at the Employee Benefits Awards 2014.Read why the organisation won the award.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London.
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AnalysisTop ways to save on car running costs
If you read nothing else, read this…Savings can be made by choosing the right cars to offer employees.Fuel is the biggest area where savings can be made.Car telematics can monitor how employees drive.Driver training can teach staff driving techniques that can save on costs such as fuel. Short and long-term ...
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ArticleHMRC loses company car tax case
Six companies in the Newell and Wright group, including Apollo Fuels, provided cars to managers and salesmen under an arrangement whereby it leased the cars to the workforce in an ’arm’s length’ hire rental.Employees were paid for business mileage at the same rate as colleagues who used their own cars ...
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ArticleKFC launches salary sacrifice car scheme
EXCLUSIVE: KFC has launched a salary sacrifice car scheme for more than 950 eligible employees.The restaurant chain has included an emissions cap at 130g/km to help improve the organisation’s green credentials and help employees to make tax savings.The current lowest tax band, of 5%, is applied to all cars emitting ...
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Case Studies
The benefits offered by Fujitsu UK and Ireland
PensionA trust-based defined contribution (DC) scheme with employer-matched contributions up to a maximum of 10%.Two legacy defined benefit (DB) schemes, closed to new entrants and to future accrual.One DB plan that is selectively open to new members, such as staff that transfer to Fujitsu from the public sector. HealthcarePrivate medical ...
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Article
Rugby union shortlisted for best travel policy
Capital One and The Rugby Football Union are among the employers that have been shortlisted for the award ‘Best staff travel policy’ at the Employee Benefits Awards 2014.For this award, the judges were looking for a successful strategy that has made company cars and travel benefits effective in an organisation.The ...
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AnalysisSummer driving tips for employees
If you read nothing else, read this…Employees who drive abroad should perform essential car maintenance checks, such as oil, cooling fluid and tyre pressure.Drivers should familiarise themselves with the driving rules in the countries they plan to visit, which can vary. A leasing firm can advise an employee on the ...
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ArticleOnly 16% of employees would consider an electric company car
Only 16% of respondents would consider an electric car as their next company car, according to research by the Leasedrive Group.Its research, which surveyed 534 employee drivers, found that 51% of respondents would not consider an electric car, while 33% were unsure.More than a third (35%) of respondents cited a ...
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ArticleFuel duty to be frozen until 2015
Budget 2014: The government has confirmed fuel duty will remain frozen until spring 2015.Chancellor George Osbourne cancelled the fuel duty increase planned for September in his 2014 Budget. This was previously announced in the Autumn Statement.It means employees with company cars will save £11 every time they fill up their ...
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ArticleCompany car tax rates to increase from 2017
Budget 2014: The government has increased the company car tax rates by two percentage points.In tax year 2017-18 and 2018-19 the appropriate percentage of list price, subject to tax, will increase by two percentage points (to a maximum of 37%) for cars emitting more than 75g of carbon dioxide per ...