All Company cars articles – Page 17
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Article
OTS prioritises ‘quick wins’ in benefits tax changes
The Office of Tax Simplification (OTS) has published a paper that prioritises its list of the 43 ‘quick wins’ around changes to the tax system in relation to benefits and expenses.The paper covers areas such as fleet management, bikes-for-work schemes and long-service awards.HM Revenue and Customs (HMRC) has undertaken an ...
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Article
Alphabet launches electric cars consultancy service
Alphabet has launched an electric cars consultancy service.The AlphaElectric service aims to help organisations make decisions on the use and adoption of plug-in cars in their fleet programmes, and to increase the use of electric cars in the UK to more than 10,000 in the next three years.It is based ...
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Article
PeopleValue adds fuel card to voluntary benefits
PeopleValue has added a fuel card to its voluntary benefits offering, Advantage6. It can also sit as a standalone voluntary benefit alongside other platforms as it is packaged in its own portal which houses pricing, locations and other information allowing it to be an independent offering outside of Advantage6.The card ...
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Analysis
Top luxury company car models with low carbon dioxide emissions
If you read nothing else, read this:Tax breaks are encouraging employers to offer low-emission cars in their fleets.Luxury car makers are producing models that fulful green requirements.It is important for employers to consider a car’s whole-life costs.Demand for electric cars remains low, but is expected to rise.But carbon dioxide (C02) ...
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Case Studies
North Yorkshire County Council boosts green credentials
The scheme, provided by Tusker, allows staff to take up a car through a salary sacrifice arrangement, enabling them to save on tax and national insurance.John Robinson, benefits and reward consultant at North Yorkshire County Council, says: “We introduced it as a green car scheme, partly due to the fact ...
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Case Studies
Axa supports staff with travel benefits
The organisation also offers staff a cash allowance towards the cost of a car for those that need it for work, as well on those at a particular employee grade in the organisation.As well as the car scheme, Axa offers staff a range of travel-related benefits, including bikes-for-work through its ...
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Opinion
Alastair Kendrick: Employers seek solutions to rising fuel costs
Some of the ideas that are being explored include permitting more home working with better IT capability, which enables employees working at home to Skype/video conference into meetings, removing the need for them travel to the office.Employers may also allow staff that do need to travel in to work to ...
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AnalysisKey components of a 2013 travel policy
If you read nothing else, read this…Low-emission cars are increasingly popular in employers’ schemes.Journey planning can help employees use the most cost-efficient routes for their journeys.Fewer employers offer new recruits a fuel benefit.Green agendaLow-emission cars are an increasingly common feature of employers’ travel policies as they strive to reduce their ...
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Article
RSA adds green cars to flex scheme
RSA Insurance Group has introduced a green car benefit and anytime election windows to its flexible benefits scheme.Addressing delegates at EB Live on 25 September at London’s Olympia, Ed Airey, UK reward manager at RSA, explained that employees’ involvement in the benefits scheme was key to the organisation. Therefore, its ...
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Opinion
Peter Crabtree: Choose right car funding method
While managing cars is likely to be a pain, it’s a highly valued benefit for staff. So how do employers minimise costs while also providing employees with cars they want and value?There are many options available to organisations to manage and fund cars. Although contract hire is by far the ...
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AnalysisTop tips for funding a company car fleet
If you read nothing else, read this…Funding a fleet is a complex task and it is worth employers seeking impartial expert advice.There is no best method for funding a fleet; it depends on the employer’s financial situation.Employers should look at funding holistically: how much will fuel and maintenance cost?The questions ...
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Article
Zenith launches greenhouse gas emission tool
Zenith has launched a reporting tool to help employers document greenhouse gas (GHG) emissions in their company car fleet and comply with new reporting regulations coming in from October 2013.The product shows GHG emissions across a whole fleet, by car, by manufacturer and split out by types of greenhouse gas.From ...
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Article
Hitachi launches fleet apps
Hitachi Capital Vehicle Solutions has launched a mobile phone application (app) to help manage end-of-life damage and reduce costs for company cars.The application, which works with BlackBerry, Android and iPhone devices, features an end-of-life contract damage manager.An employee using the system will be prompted six weeks before they are due ...
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Article
Zenith adds salary sacrifice option to staff car scheme
Zenith has added a salary sacrifice arrangement to its company car scheme for its own employees.The fleet management provider’s Driven scheme is available to 180 eligible employees at its offices in Leeds. The cars available are from a range of manufacturers and have CO2 emissions capped at 130g/km.Employees can also ...
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Article
Your Housing Group launches salary sacrifice car scheme
Your Housing Group has introduced a salary sacrifice car scheme for all of its permanent employees.The tax-efficient scheme, provided by Lex Autolease, gives the social housing association’s employees the opportunity to add up to two additional drivers to the scheme.The monthly cost covers all normal running costs, such as insurance, ...
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Article
Tayto Group launches fleet management system
Tayto Group has launched a tracking, performance monitoring and fuel management system across its 117-strong company car fleet.The system, which is provided by TomTom, adds improved visibility for the snack manufacturer’s mobile team of sales, management and distribution staff.The system enables information about how cars are driven to be collated ...
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Article
LeasePlan updates company car tax guide
LeasePlan UK has published its latest guidance on company car taxation.The inside track: a guide to company car taxation, which has been published in associated with Deloitte, looks at the real-life impact of some of the most recent government announcements relating to company car provision and advises employers how to ...
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Opinion
Damian James: Employers should plan now for future company car tax changes
The coalition government has continued the policy of tightening benefit-in-kind tax thresholds year on year and has already announced rates to the end of 2016/17. In 2013/14, the 10% company car tax rate applies to cars with emissions of 76-94g/km, but that will rise to 11% in 2014/15, with corresponding ...
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AnalysisUpdate on company car tax rules
If you read nothing else read, this… Employers must take into account all the tax and other legislation that applies to company car schemes.Employees are liable to pay tax according to the carbon dioxide (CO2) emissions of the company car they use..Lower-emission cars fall into a lower tax bracket.According to ...
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Article
Employee Benefits Awards 2013: Best car and travel benefits
Winner: Axa UKScheme: Axa UK Car SchemeThe judges for this category were looking for a successful strategy that has made company cars and/or allowances effective as a benefit within an organisation.Axa UK’s car scheme incorporates three funding methods: an employee car ownership scheme, contract hire and a salary sacrifice arrangement. ...