All Company cars articles – Page 18
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Opinion
Julie Jenner: Tax effect on private fuel provision
However, about 15 years on since the tax increases started to bite, data from HM Revenue and Customs (2010/11) shows that 240,000 staff continue to pay tax on employer-paid-for fuel used privately.But if those employees did the maths, industry figures suggest 97% would be better off giving up the ‘perk’ ...
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Case Studies
Pentland Brands scraps ‘free fuel’ and saves thousands
The organisation behind global brands such as Speedo, Mitre and Berghaus used The Miles Consultancy’s (TMC) system to gather the data it needed to make the change, which resulted in Pentland reducing fuel usage by 16% and cutting thousands of pounds from its fleet budget.Pentland Brands estimates that withdrawing the ...
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AnalysisPrivate fuel provision loses its appeal
IF YOU READ NOTHING ELSE, READ THIS…Private fuel provision is decreasing in popularity among both employees and employers.By using a fuel card, employers can make greater savings and cut administrative costs on their fuel management.The high cost of fuel and company car taxation are among the reasons why private fuel ...
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Article
Green fleet targets on the rise
The proportion of organisations setting green fleet targets increased significantly between 2011 and 2012, according to research by Alphabet.The Alphabet fleet management report 2012, which surveyed 250 UK fleet managers, found that 83% of public sector respondents have now set green fleet targets, up from 67% in 2011, while 79% ...
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Article
Pimlico Plumbers decorates fleet with Thatcher
Something for the weekend…Cards and flowers are usually used to show affection for a recently deceased loved one, but Pimlico Plumbers’ 200-strong fleet carried an image of Baroness Margaret Thatcher as a mark of respect on the day of the former prime minister’s funeral.The plumbing organisation was founded by patriotic ...
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Article
Tusker staff lower fuel consumption of company cars
Tusker staff have seen fuel consumption fall by 12% since they began taking part in an eco-driver training initiative.The Smarter Driving initiative, which is provided by Energy Saving Trust (EST), was run to ensure that the fleet provider’s employees were up to speed with the latest thinking on efficiency and ...
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Opinion
Sharon Gilkes: Tax implications of eco-friendly company cars
Whatever your thoughts about green driving a few years ago, chances are they’ll be more positive now.Manufacturers have responded to demands from the public and from businesses to reduce carbon dioxide (CO2) emissions of cars. In the Budget 2013 on 20 March, the Chancellor announced plans for a new ultra ...
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Article
Employers unprepared for car tax changes
Nearly half (48%) of employer respondents said their organisations are unprepared for the changes to company car taxes that came into effect on 1 April, according to research by LeasePlan.The research, which surveyed 350 senior managers with decision-making responsibility around company cars, found that 51% of respondents said the tax ...
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Article
Planned rise in fuel duty scrapped
Budget 2013: The planned 3% rise in fuel duty has been scrapped.In the 2013 Budget, Chancellor George Osborne announced the government would cancel the 1.89 pence per litre increase, which was due to come in effect on 1 September 2013, because of the impact negative impact high pump prices have ...
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Article
TR Fleet partners Specsavers for driver risk management
Fleet consultancy TR Fleet has formed a partnership with Specsavers Corporate Eyecare to tackle the issue of poor eyesight and driver safety.Employers that use TR Fleet’s DriveSecure risk-management programme issued with Specsavers vouchers for free eye tests for their staff.The system will identify the drivers who are considered to be ...
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Article
UK employers overlook grey fleet driver safety
UK employers are failing to adequately implement driver safety initiatives for employees who use their own cars for work, according to research by services company Fleet21.The Fleet21 business driver report revealed that 31% of employers surveyed did not check whether grey fleet drivers had the correct business car insurance, while ...
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Article
Ultra low emission employer car tax
Budget 2013: The Chancellor George Osborne has announced a new, ultra low emission company car tax.The company car tax (CCT): ultra low emission vehicles (ULEVs) will come into effect on April 2015.There will be two new CCT bands which will will be introduced by the government at 0-50 grams/kilometre of ...
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AnalysisTop tips to cut the cost of fleets
IF YOU READ NOTHING ELSE, READ THIS…There are many ways employers can cut their fleet costs, which they can identify by carrying out a policy review.Employers can ask staff to take more responsibility for the way they drive and treat a company car, to help generate cost savings across the ...
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Article
Employers not monitoring driver risk
Only 30% of employer respondents regularly monitor their risk position relating to employee drivers safety, according to research by Fleet 21.The Fleet 21 business driver report found that 64% of respondents do not have a fixed budget for driver safety and 11% do not have formal policies in place around ...
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Article
Technical support offers cost savings for fleets
Employers could achieve the greatest fleet savings (39%) by improving technical support, such as automating car-servicing arrangements and specifying a partner garage for repairs, according to a review by LeasePlan.Its review of more than 133,000 company cars found that employers could save more than £50 million, an average of £400 ...
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Article
Zipcar launches fleet calculator
Zipcar has launched a business calculator, which enables employers to better understand their current fleet usage patterns, assess the costs involved and identify time spent on administration.The tool can collate a report that demonstrates the potential time and cost savings associated with a pay-as-you-drive system, taking into account the organisation’s ...
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Article
Co-operative Flexible Benefits and Zenith partner on car product
Co-operative Flexible Benefits and Zenith have partnered to launch a low-emission salary sacrifice car scheme.The Green Car Scheme will enable employers to offer employees access to Zenith’s quoting platform, which allows them to see personalised quotes on a range of cars and accessories, and place and track their order on-line.Debbie ...
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Article
Tusker launches portal to aid driver choice
Fleet provider Tusker has launched a site to help drivers select the most suitable car through a salary sacrifice scheme. The site includes an image gallery, independent road test and review information on each car from car-buying guide What Car? It also includes a page that allows employees to select ...
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Article
David Russell: Has the death knell sounded for company cars?
Of our employees in the UK who are entitled to this choice of benefit, 50% have opted for a company car, and the other half have opted for a cash allowance.Although legislation has made company cars less tax-efficient for employees, many senior executives still prefer to have the traditional advantages ...
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Article
John Lewis: Has the death knell sounded for the company car?
You only have to look at the new car registration figures from the Society of Motor Manufacturers and Traders to see that the number of cars sold to organisations has increased over the past three years and looks set to carry on rising as the economy pulls out of recession.However, ...