All Company cars articles – Page 30
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Analysis
Salary sacrifice company cars: Sponsor's comment: Salary sacrifice for cars has come of age
This article is supplied by Zenith ProvectaOver the past 18 months, interest in salary sacrifice for cars has increased dramatically among HR and reward professionals, benefits providers, finance directors and employees, writes Ben Creswick, head of business development, Zenith Provecta.This has been driven mainly by the volume of businesses implementing ...
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Article
Budget 2010: VAT rise impacts on company cars
The rise in value-added tax (VAT) announced in yesterday's Budget could prompt employers to pull forward orders for new company cars to 2010 in order to avoid higher VAT bills.From 4 January 2011, VAT will rise from 17.5% to 20%.Julie Jenner, chairman of fleet body ACFO, said: “The increase in ...
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Article
Budget 2010: Measures to be retained from former government
In today's emergency budget Chancellor George Osborne confirmed a number of measures introduced by the previous government would be retained.Theses measures are:Tax and national insuranceAs previously announced in 2011-12, the national insurance contribution (NIC) primary threshold will increase and NICs rates will be increased by 1% (2009 pre-Budget report). In ...
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Analysis
How to manage: Salary sacrifice company cars 2010
Download a PDF of the Salary sacrifice company cars supplementWhat is salary sacrifice?What are the tax breaks?Building a business caseHow to implement a schemeUnderstanding the risksHow to promote the schemeChoosing vehicles and providersCase studiesSponsor's comment: Zenith ProvectaEditor's comment: Debi O'Donovan, editor, Employee Benefits magazine:Making the most of tax breaks on ...
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Article
Kwik-Fit extends free vehicle collection and delivery service
Kwik-Fit Fleet is to extend a free fleet vehicle servicing and MoT collection and delivery service following a successful pilot.The service, which is being provided in partnership with Autoclenz, willbe rolled out to 220 Kwik-Fit sites this month and plans are underway to make it available nationally. It has been ...
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Case Studies
Case Study: Freshfields spreads the word
Since law firm Freshfields Bruckhaus Deringer introduced a salary sacrifice car scheme last July, 18 employees have signed up, with two more in the pipeline. Adam Brooke, the firm's employee benefits manager, says: "At the moment, take-up is still fairly low, but the word is spreading. For example, we now ...
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Analysis
Company car salary sacrifice schemes speed up
If you read nothing else, read this...A salary sacrifice car scheme can work as a cash-free, cost-neutral benefit for employees, as well as a useful staff retention tool.Expect it to take between three and six months to set up and implement a scheme.This type of scheme can be delivered as ...
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Article
Evander Glazing & Locks agrees a sole supply fleet outsourcing deal with ALD Automotive
Evander Glazing & Lock has signed a major new fleet outsourcing contract with ALD Automotive to supply new company cars and to manage out the legacy fleet.The locksmith company consolidated the supply and management of its fleet through one supplier following a management buy-out from Homeserve last year.ALD Automotive won ...
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Article
Fleet management bodies agree to closer collaboration
Two fleet management organisations, Association of Car Fleet Operators (ACFO) and the Institute of Car Fleet Management (ICFM) have agreed to forge closer working ties.The organisations will work together on areas of mutual benefit and promote their respective organisations to their membership bases.It is hoped the collaboration will bring each ...
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Article
ACFO launches guide to checking employee driver documents
The Association of Car Fleet Operators (ACFO) has launched the first in a series of ‘how to’ best practice guides for the public and private sector fleet policies and procedures.The AFCO Best Practice Guide to Employee Driving Document Checking says that the regular checking of driving licences of all employees ...
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Article
Ogilvie rolls out online fleet management tool
Leasing and fleet management specialist Ogilvie Fleet is rolling out an online fleet manager and driver vehicle quotation and ordering system, developed by fleet software provider Jaama.The system is designed to cut administration and uses real-time information sourced via Jaama’s online link with motor industry information providers Cap.The new vehicle ...
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Article
Venson launches new fleet salary sacrifice solution
Fleet provider Venson Automotive Solutions has launched a salary sacrifice scheme with built-in risk elimination for employers.The provider said Venson Advantage has been launched due to demand from customers who want to save on national insurance contributions, cut carbon footprint, improve duty of care by encouraging those who use grey ...
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Article
Wakefield District Housing signs fleet extension deal with Lombard
Fleet provider Lombard has been reappointed by Wakefield District Housing (WDH) to supply its fleet of more than 350 vans on an exclusive basis following an extensive tender process and a 12-month contract extension.Lombard’s van sales unit is providing the housing association with a comprehensive technical solution, handling the design ...
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Article
Gala Coral Group outsources fleet management
Gala Coral Group will be outsourcing the management of its 300 company cars and 180 grey fleet cars to Fleet Alliance.In line with the betting and gaming conglomerate’s environmental policy of reducing the CO2 emissions of its fleet, all new vehicles will have a CO2 level of 160g per km ...
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Article
Nationwide Maintenance signs fleet management contract
Building services firm Nationwide Maintenance has signed a deal with fleet operator Lombard to provide and manage its fleet of 190 cars and vans.The fleet consists of around 150 Citroen vans, which Lombard is supplying with racking and signage, while also conducting trial of vehicle tracking systems.The remainder of the ...
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Article
ING Car Lease introduces onsite servicing for company fleets
ING Car Lease has launched an onsite maintenance and repair service for fleets running company cars and light commercial vehicles.The new service allows employees to schedule vehicle maintenance or repairs at their convenience, for instance, during the working day while their car is in the workplace car park.Additionally, employees can ...
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Article
Almost half of employers do not understand VAT car costs
Almost half of UK firms do not have a firm grasp of VAT-related company car costs.One in five financial decision makers admit to not knowing how much extra VAT they have incurred since the 17.5% rate was reintroduced in January, while 23% claim the higher rate has generated no extra ...
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Article
Alliance Medical signs fleet management contract
Alliance Medical has outsourced the management of its 300 company cars to Zenith Provecta.Zenith Provecta will provide servicing, maintenance, accident and risk management to the independent diagnostic imaging company. The firm's employees will also have access to an account manager who will look after their fleet management needs from one ...
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Article
Subsea 7 launches salary sacrifice car scheme
Subsea 7, a sub-sea engineering and construction company, has launched a salary sacrifice car scheme as part of its flexible benefits package to around 1,800 employees throughout the UK.Subsea 7 offers a flexible benefits package to all staff which already included salary sacrifice options for both pension and childcare vouchers.Senior ...
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Article
Employees have 'limited choice' when it comes to company cars, says survey
Employees have a limited choice when it comes to choosing their company cars, according to the latest Company car trends survey from GE Capital’s fleet services business.The survey states that more than 72% of fleets now offer only a single or limited range of models to their employees. This is ...