All Company cars articles – Page 24
-
Article
Arqiva extends fleet contract
Arqiva has extended its car rental agreement for a further two years.The agreement is through the rental management division of the Leasedrive Group.It is important for the communications infrastructure and media services organisation, which has sites in the islands around Scotland and the Channel Islands, to have extensive fleet coverage ...
-
Article
Autumn Statement 2011: The impact on employee benefits
Chancellor George Osborne delivered his Autumn Statement to government on 29 November 2011. Here is a round-up of the key issues affecting employee benefits.Fuel duty increases revisedThe 3.02 pence per litre (ppl) fuel duty increase that was due to take effect on 1 January 2012 will be deferred to 1 ...
-
Article
Autumn Statement 2011: Fuel duty increases revised
The government has announced that the 3.02 pence per litre (ppl) fuel duty increase that was due to take effect on 1 January 2012 will be deferred to 1 April 2012.The inflation increase, which was planned for 1 August 2012 and was expected to be in the region of 1.92ppl, ...
-
Analysis
Fleets go greener
If you read nothing else, read this … New cars have undergone rapid evolution in terms of fuel-efficient and reduced-emission engines. Employees are pushing for greener vehicles to reduce their benefit-in-kind tax liability. Employers are keen to save fuel costs and promote their corporate social responsibility agenda. Vehicle manufacturers are ...
-
Analysis
Keep fleet expenses under control
If you read nothing else, read this . . . Rising fuel costs are pushing fuel expense monitoring up the agenda. Fuel cards and mileage monitoring systems can help identify how much drivers are spending and where. Using fuel cards with other systems may reduce fuel consumptions. Systems should not ...
-
Case Studies
Case study: Freshfields staff sign up for greener cars
Law firm Freshfields Bruckhaus Deringer, an Employee Benefits Awards 2011 runner-up in the category for 'Most effective travel strategy for business and perk car drivers', introduced a green car scheme in 2009 to which it made major changes in 2010.The law firm, which had not operated a formal company car ...
-
Article
Growing waistbands impact size of company car fleets
The size of UK company car fleets is getting bigger; but not in terms of the number of cars.Luxury car manufacturers, such as BMW Group, are looking at adjustments to their cars in order to accommodate the growing number of obese people in the UK.While waistbands continue to grow, manufacturers ...
-
Article
Santander launches salary sacrifice company car scheme
Santander has introduced a salary sacrifice company car scheme for its UK employees.The scheme, run by Zenith, is available to all staff. The banking group also launched a company car scheme only available to essential business users, which includes 750 eligible employees. The eligible drivers cover over 8,000 miles a ...
-
Article
Clifford Chance introduces salary sacrifice car scheme
Clifford Chance has introduced a salary sacrifice car scheme for its UK employees.The scheme, Salary Exchange which is provided by Zenith, operates on a cost-neutral basis for the law firm because the employee sacrifices part of their gross salary in return for a car, saving income tax and national insurance.The ...
-
Article
Marie Curie Cancer Care renews fleet management contract
Marie Curie Cancer Care has renewed its fleet management contract with Leasedrive for another two years.†The contract covers 174 cars on contract hire or contract purchase, as well as the provision of short-term rental.Jeremy Sothcott, fleet manager at Marie Curie Cancer Care, said: “When we went out to tender, we ...
-
Analysis
Drivers move away from grey fleet
If you read nothing else, read this … Under grey fleet arrangements, employees use their own cars for business purposes. Some organisations that have operated grey fleet arrangements are now returning to company cars. Employers should weigh up which is best suited to their organisation.Case study: Asda shows value of ...
-
Case Studies
Case study: Asda shows value of cars
Asda runs a fleet of more than 700 contract hire cars, but allows staff to opt out and take a cash allowance instead. In the past 12 months, cash allowance takers have been returning to company cars, however.Staff who opt into the car scheme benefit from corporate discounts and a ...
-
Article
Haulotte Group signs fleet management agreement
Haulotte Group, the people and material-lifting equipment firm, has signed a new three-year fleet management agreement for its 75 cars in the UK.The agreement, provided by ALD Automotive, will deliver services that include accident management and its PoolFleet product, which provides short-term cars for specific requirements such as for staff ...
-
Article
Run Your Cars adopts online group-buying model for fleet management
Run Your Cars has introduced an online group-buying model in order to bring discounts to fleets run by small and medium-sized organisations.The fleet management firm has adopted the Groupon model, which will see employers pay a monthly fee in return for access to fleet benefits at discounted rates, including accident ...
-
Article
Ricardo adds salary sacrifice car scheme to flex
Engineering firm Ricardo has added a salary sacrifice car scheme to its flexible benefits scheme.†Cars selected through the scheme, which is provided by Tusker, include the Peugeot 107, Citroen DS3 and several Seat models, including the Ibiza and Leon.Staff can access the scheme online and select up to two new ...
-
Article
EXCLUSIVE: Innovation Group adds salary sacrifice car scheme to flexible benefits
Innovation Group has added a salary sacrifice cars to its flexible benefits plan for its 705 UK staff.The scheme, provided by Tusker, allows employees at the global provider of software and outsourcing solutions for insurers to sacrifice part of their salary in return for a new car, which means they ...
-
Article
Alphabet finalises acquisition of ING Car Lease
International fleet management firm Alphabet has completed its acquisition of ING Car Lease.The acquisition, which was announced in July, was for a purchase price of €637 million, and was completed on 30 September.The integrated organisation will operate under the name Alphabet.The new organisation now has more than 460,000 financed cars ...
-
Article
Zenith Provecta rebrands to Zenith
Fleet provider Zenith Provecta has rebranded as Zenith, three years after it acquired Provecta Car Plan.It has also introduced a new strapline: Intelligent Vehicle Solutions.Tim Buchan, chief executive officer at Zenith, said: “This is the next natural step in the organisation’s development.“We are in an exciting time in our progression ...
-
Article
Philips UK rolls out a salary sacrifice car scheme
Philips UK has introduced a salary sacrifice car scheme for all permanent UK employees.The scheme, which is provided by Zenith, is part of the organisation’s flexible benefits package.The cars in the scheme are restricted to a maximum 145g per km carbon dioxide.Nicolas Bedard, fleet manager at Philips UK, said: “It ...
-
Analysis
Green focus for car salary sacrifice
If you read nothing else, read this . . . UK tax incentives naturally skew salary sacrifice company car schemes towards lower-emitting vehicles. Having an emissions cap on vehicle choice will naturally focus a scheme on greener vehicles. Further incentives for lower-emitting vehicles, or an extra levy on more polluting ...