All Company cars articles – Page 26
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Article
ALD Automotive/YouGov research: Financial directors unsure of fleet ownership costs
More than a third of UK financial directors are unsure of how to calculate the total cost of ownership of their business cars, according to new research by ALD Automotive and YouGov.The ALD corporate survey revealed that 35% of financial directors are unsure of how to make this calculation, and ...
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Article
WorldatWork research: Most employers offer a car benefit to staff
The majority of organisations (89%) offer some type of car benefit to employees, according to research by WorldatWork among its primarily US-based as well as global members.The Vehicle-Related Benefits Survey 2011 found that, of these organisations, 49% offer a minimum of three fleet benefit programmes to their workforce.The most common ...
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Analysis
Beware legal risks for drivers
If you read nothing else, read this… The Corporate Manslaughter Act and Corporate Homicide Act 2007 has not gone away. With cases still workingthrough the system, managers need to be vigilant. Risk assessments, driver training, time-on-the-road protocols and telematics can all be useful tools tomitigate risk and exercise duty of ...
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Article
Employees push boss' car home
News that ten workers in China pushed their boss’ car home after a drunken team meal brings a whole new meaning to workplace concierge and chauffeur services.This rather unusual team effort, characterised by laughter and singing, took place after boss Zhang Fei realised that he and everyone else had drunk ...
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Article
Boss's car swapped for Lego model
Employees cherishing shiny new cars obtained through their employer’s company car scheme will empathize with Legoland California manager Peter Ronchetti, who was stunned to discover that all was not well with his Volvo.The vehicle he had driven into work one morning had turned into Lego through the course of the ...
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Article
Cheshire West and Chester Council launches salary sacrifice car leasing scheme
Cheshire West and Chester Council has launched a salary sacrifice car leasing scheme for 9,500 employees.The benefit, launched last month, allows staff to choose from 450 environmentally friendly vehicles emitting less than 120g/km of CO2.The council saved time and money by basing the scheme on an existing framework agreement set ...
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Article
Hymans Robertson introduces car leasing scheme
Hymans Robertson has introduced a car leasing scheme as a voluntary benefit for its employees.The scheme, provided by Affinity Vehicle Leasing, offers employees a personal contract hire option, whereby the car is returned at the end of a fixed period, and personal contract purchase, where the car can be purchased ...
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Article
Findel implements fleet risk policy
Findel has implemented a driver risk policy called DriveSecure.The policy was launched as a result of the online retailer seeking to find a solution to manage its duty of care, and corporate and social responsibilities.DriveSecure provides a tailored programme to all fleet drivers which continues through the vehicle life.Roz Byrom, ...
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Article
ALD Automotive research: Employers unaware of CO2 emissions impact on NI contributions
Just over one-third (35%) of financial directors are unaware of the impact of carbon dioxide (CO2) emissions on national insurance (NI) contributions, according to research from ALD Automotive.The ALD Corporate Survey also showed that only 15% of respondents felt they had any detailed understanding of the costs associated with the ...
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Article
HMRC changes company car advisory fuel rates
HM Revenue and Customs (HMRC) has announced a change to advisory fuel rates, applicable only to company cars.All the petrol rates have increased, ranging now from 15p for an engine size of 1,400 cubic centimetres (cc) or less and 26p for over 2,000 cc, while diesel rates are now between ...
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Article
Redcar and Cleveland Borough Council introduces salary sacrifice car scheme
Redcar and Cleveland Borough Council has introduced a salary sacrifice car scheme with the aims of reducing carbon emissions, increasing benefits choice and generating savings for the council.Launched with Tusker in April, cars eligible under the scheme have to emit less than 120g/kg of carbon dioxide to meet the council’s ...
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Article
TomTom Business Solutions research: Employers unaware inaccurate mileage claims could increase tax
Almost half (47%) of employers that operate fleets are unaware that they could face tax bills for thousands of pounds if staff mileage claims are inaccurate, according to a study by TomTom Business Solutions.The research reveals that while 50% of respondents do not routinely double-check the accuracy of their drivers’ ...
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Article
GE Capital research: Less employers offering cash payment instead of company car
One-quarter (25%) of employers are offering a cash payment instead of a company car, down from 36% two years ago.The Company Car Trends research by GE Capital, Fleet Services surveyed 300 fleet decision makers.Gary Killeen, commercial director of Fleet Services at GE Capital UK, said: “In the early part of ...
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Article
Norton Rose launches salary sacrifice car scheme
Law firm Norton Rose has launched a salary sacrifice car scheme for its UK employees.Its NR Cars scheme, which is provided by Zenith Provecta, includes insurance, road tax, maintenance, replacement types, windscreen cover, breakdown and recovery, accident management, and an account management service.The scheme, which went live in May, was ...
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Article
North Yorkshire County Council sees substantial take-up of salary sacrifice car scheme
Over the past year 250 North Yorkshire County Council staff have selected low-emission cars through the council's salary sacrifice scheme ‘Everybody benefits’.The salary sacrifice car scheme is provided by Tusker, and the cars have been available to council staff since April 2010.Staff taking part are only allowed to choose cars ...
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Article
NYSE Euronext Group launches salary sacrifice car scheme
NYSE Euronext Group has launched a salary sacrifice car scheme for its 650 UK employees.Through the scheme, provided by Tusker, staff give up part of their gross salary in exchange for a car with CO2 emissions of 120g per km or below. So far, 2% of the workforce have joined ...
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Article
Willis launches insurance product for grey fleet drivers
Willis has developed an insurance product that can be used in conjunction with Fleet Support Group's online risk management programme.Targeted at grey fleet drivers, the insurance product is underwritten by international insurer Catlin Group and uses HM Revenue and Customs' tax free approved mileage allowance payments (Amap) as its premium ...
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Article
Specsavers and RSA Group partner to offer eyecare to fleet drivers
Specsavers Corporate Eyecare has partnered insurer RSA Group to offer eyecare to fleet drivers insured under RSA Group’s fleet policies.Specsavers will offer vouchers that entitle staff to a sight test, eye examination and a pair of glasses if necessary. If an employee does not need glasses, they can have non-prescription ...
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Article
Hymans Robertson adds health checks and car lease scheme to flex
Hymans Robertson is adding office-based health screenings and a car lease scheme to its flexible benefits scheme.The pensions consultancy firm is introducing the screenings, provided by Healthy Performance, after a questionnaire in 2010 revealed many employees were interested in the benefit.A car lease scheme for all 510 employees will also ...
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Article
Lex Autolease research: Majority of employees would choose a salary sacrifice company car
Eight out of 10 employees would sacrifice a portion of their salaries to opt into a company car scheme, according to a survey by Lex Autolease.More than three quarters (78%) of grey fleet drivers, who use their own car for business use, said they would opt for a salary sacrifice ...