All Company cars articles – Page 27
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Article
CFC Solutions: Speeding and mobile phone use are most common company car offences
Exceeding the speed limit and using a mobile phone while driving top the 10 most common driving offences committed by company car and van drivers, according to research from CFC Solutions.The research, based on users of CFC Solution’s licence checking software, found that the exceeding the speed limit on a ...
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Article
News analysis: Essential economy drive
Escalating fuel prices are forcing employers to make sure that their company cars are being used as efficiently as possible, says Tynan BartonDrivers saw in the new year with a double increase in fuel price. On 1 January, a rise in fuel duty saw 0.76p/litre added to both petrol and ...
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Article
Leasedrive Velo publishes guide to grey fleet management
Leasedrive Velo has published a guide to grey fleet management.Its Essential Guide to Grey Fleet Management looks at the background behind the rise in grey fleets; the legislative considerations to remain on top of duty-of-care obligations; environmental considerations; the financial impact; essential grey fleet guidelines; and ways of reducing grey ...
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Article
Drive Smarter launches e-learning driver training for small fleets
Drive Smarter has launched an e-learning programme to help small fleets with compliance, cost-savings and risk reduction.The programme is designed to assist in reducing accidental damage costs and result in a safer working environment as well as addressing the required duty of care to employees.The Drive Smarter Small Fleet programme ...
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Analysis
Company car salary sacrifice: watch the risks
If you read nothing else, read this... Common risks with salary sacrifice company cars are around early leavers, parental leave and long-term illness. Employers should also be aware that, when changing to a salary sacrifice scheme, it must be reflected on the employee's contract. Make it clear to staff that ...
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Article
Aston University introduces salary sacrifice on company cars
Aston University has introduced a company car salary sacrifice arrangement to its flexible benefits plan.†Through the scheme, which is provided by Tusker, employees can surrender up to 20% of their salary in return for a new car of which they will take ownership for three years.Aston University has also set ...
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Article
Hitachi Capital to offer car allowance to graduates
Hitachi Capital is offering graduates that join its new graduate programme to be implemented in 2011 in its sales division a company car allowance as part of efforts to recruit the best talent.A company car allowance will be given to all new joiners who try their hand at a career ...
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Article
Employees think all staff should have access to company car
Almost two thirds (63%) of employees say company cars should be available to all staff, according to a survey by Lex Autolease.Moreover, 78% of staff drivers think their organisation would be concerned if they drove an 'old banger' for business use.Andrew Hogsden, head of financial consultancy at Lex Autolease, said: ...
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Article
North Yorkshire Council cuts fleet emissions
North Yorkshire County Council has cut its fleet's CO2 emissions through a salary sacrifice car scheme for 13,000 employees.Since the scheme went live in April, average emissions across the 200 cars selected by staff have fallen to 112g/km of CO2 from the previous 156g. Cars available through the scheme, provided ...
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Analysis
Fleet drivers need clear vision
If you read nothing else, read this... There is no legal requirement for employers to ensure drivers have good eyesight, or wear glasses if needed. From 2011, EU legislation will require commercial vehicle drivers to have their eyes tested every five years. Eye examinations can also check for health conditions ...
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Article
Bombardier launches salary sacrifice car scheme
Bombardier Transportation has switched its contract-hire funded company car fleet to a salary sacrifice car scheme for all employees, and aligned it with its environmental strategy.The new scheme, which is provided by Tusker, sets an upper limit of 120g/km of CO2 for all cars. It is open to all UK ...
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Article
Aviva launches insurance policy for salary sacrifice car schemes
Aviva is launching an insurance policy for organisations which operate an employee salary sacrifice car scheme.The offering, which has been modelled on Aviva’s Fleetwise commercial insurance product for corporate fleets, has been developed following feedback from leasing organisations, brokers and employers.Through a salary sacrifice car scheme, the employer receives the ...
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Article
Lex Autolease launches salary sacrifice fleet product
Lex Autolease is launching a salary sacrifice product which will be available to all large corporate fleets with more than 500 cars or an employee base above 1,000.Employers can also choose to extend the scheme to employees’ friends and family.Claudia Rose, corporate sales director at Lex Autolease, said: “Our offer ...
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Article
New company car advisory fuel rates published
HM Revenue and Customs has published new advisory fuel rates for company cars which will apply to all journeys on or after December 1 2010.For one month after the date of the change, employers may use either the previous or new current rates, and therefore can make or require supplementary ...
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Article
Interserve Project Services introduces carbon reporting tool
Interserve Project Services (IPS) has introduced a carbon reporting tool for its 1,200 drivers as part of efforts to cut its total fleet CO2 emissions by around 5% a year.The tool, recently launched by mileage and fuel cost management firm TMC, is designed to deliver a 23% cut in annual ...
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Article
Inchcape Fleet Solutions launches salary sacrifice company car scheme
Inchcape Fleet Solutions has launched a salary sacrifice company car scheme with risk elimination following demand from employers.The Justdrive scheme delivers a range of flexible insurances to safeguard employers against unforeseen termination charges if an employee leaves the company.An online portal will help employees in the decision making process with ...
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Article
Teignbridge District Council to consider benefits cuts
Teignbridge District Council is to look into potential savings that could be made from reductions in employee benefits.In a meeting on Monday 29 November, the council will consider proposals that include ending essential car allowances, either only for those who travel less than 1,000 miles per year, or for all ...
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Article
Lex Autolease research: Company car voted top salary sacrifice benefit
More than 20% of employers would opt for a company car above other salary sacrifice benefits, according to a survey from Lex Autolease.Conducted among 130 employees, the survey also found 78% of respondents would take up a salary sacrifice car if they had to replace a privately owned one.A similar ...
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Analysis
New accounting standards will affect car lease arrangements
If you read nothing else, read this…A final standard of the lease accounting amendments by the International Accounting Standards Board will be published next year.The amendments will require employers to show leased assets, including cars, on their balance sheets. The changes will affect all employers that account to IASB standards.The ...
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Article
Trimble MRM launches driver safety software
Fleet firm Trimble MRM has launched its new driver safety software designed to help employers run fleets more effectively and efficiently.Drivers are given pointers on their safety performance via in-car audible beeps and red, amber and green lights. The system then relays real-time safety information to managers so they can ...