All Company cars articles – Page 30
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Analysis
User-chooser car schemes pay off
If you read nothing else, read this …User-chooser fleet arrangements are designed to ensure the most cost- and tax-efficient funding method is used for each employee.It is important for employer and employee to consider the whole-life costs of the arrangement to decide which route is best.Savings available through user-chooser fleet ...
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Article
Crest Nicholson introduces carbon-capping for company cars
Crest Nicholson has introduced a carbon-capping scheme across its entire fleet of 230 company cars.The housebuilding firm had previously implemented a maximum emissions cap of 195g/km across all its company-owned vehicles and has now combined this with an incentive scheme that aims to encourage and reward the use of low-emission ...
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Article
Mencap signs fleet contract with Leasedrive Velo
Mencap has signed a four-year contract with the Leasedrive Velo Group which will cover the management of 250 company vehicles.The learning disability charity will be covered for buying, selling, maintenance and accident management, as well as short-term vehicle rental.Steven Harrington, procurement manager at Mencap, said: "The flexibility of the online ...
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Article
Scope renews vehicle management contract with Leasedrive Velo
Disability charity Scope has renewed its vehicle management contract for a further three years with Leasedrive Velo Group.The new agreement will include contract provision for new vehicles and ongoing fleet management of 225 vehicles, as well as accident management services and short-term vehicle rentals.Roddy Graham, commercial director, Leasedrive Velo, said: ...
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Article
Jaama offers free trial of fleet management software
Jaama is offering a free three-month trial of its new fleet management software specially designed for businesses running small fleets.The fleet management software provider launched its web-based fleet system to assist employers in coordinating and managing fleet data while reducing operating costs.FleetAssistant also targets managing the duty of care for ...
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Article
Mitie Group revamps fleet management
Mitie Group has revamped its fleet management provision as part of efforts to reduce the costs associated with its 6,000-strong fleet.As part of its new contract with Zenith Provecta the property and asset management firm will also take advantage of a maintenance service for 3,000 vehicles, accident management and daily ...
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Article
Jaama launches new version of online fleet information portal
Jaama has launched a new version of its electronic driver services (EDS) module that allows employees who drive their own vehicles on business to record documentation online.EDS is a risk management tool and a driver information portal within the fleet software organisation’s Key2 Vehicle Management system.Drivers have always been able ...
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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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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
Pentland Brands moves from employee car ownership scheme to company cars
Pentland Brands has changed its car scheme from an employee car ownership (Eco) scheme to company cars.The brand management group has appointed fleet management firm Alphabet to manage the change and supply cars and fleet management services, funded on a contract hire arrangement.Portland Brands decided to move away from its ...
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Analysis
Salary sacrifice company cars: What are the tax breaks?
Tax and national insurance breaks are the driving force behind take-up of salary sacrifice car schemesSalary sacrifice is a matter of employment law, not tax law, in that it will result in a change in employees' terms and conditions because they must give up their contractual right to the cash ...
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Article
A quarter of organisations reduced fleet budgets during recession
Just 18% of organisations have reduced their fleet size in response to the recession and difficult economic climate, while 26% reduced their overall fleet budget, according to research from the Corporate Vehicle Observatory and Arval.The annual fleet barometer report also revealed the most important step fleets have taken is to ...
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Analysis
Salary sacrifice company cars: Building a business case
The benefits of a company car salary sacrifice scheme might seem obvious, but the selling points must be set out clearlyBuilding the business case for car salary sacrifice schemes involves two things: making the case internally for doing so in the first place, and making the case to employees once ...
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Article
Tusker launches online fuel savings calculator for salary sacrifice schemes
Leasing and fleet management supplier Tusker has launched an online fuel savings calculator to show salary sacrifice drivers how their new company car compares to their existing vehicle.The fuel savings calculator, available through Tusker’s online platform, is included as an additional service for employees who have decided to select a ...
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Article
Half of employers do not plan to reduce company car costs
Almost half (47%) of UK organisations do not have a plan in place to reduce the costs of their company car fleet and have no intention of introducing a cost savings plan in 2010.A Lex Autolease/YouGov survey of UK financial directors also revealed 21% of organisations have a plan in ...
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Article
TDG outsources company cars
TDG has outsourced the funding and management of its 150 vehicle company car fleet to Zenith Provecta.The supply chain management organisation has centralised its fleet operation under the new sole supplier agreement. Zenith Provecta will manage its existing fleet and provide full administration services including accident management and a comprehensive ...
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Case Studies
Salary sacrifice company cars: Case studies
North Yorkshire County CouncilA soft launch, with staff allowed to play on the portal for a couple of months but not place orders, helped North Yorkshire County Council iron out any snags and generate interest before its company car salary sacrifice scheme went live on 1 April this year.The council's ...
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Analysis
Salary sacrifice company cars: Choosing vehicles and providers
Deciding on the make-up of your fleet and the best provider to meet your needs calls for some careful calculationsWith new offers and providers entering the market all the time, company car salary sacrifice is becoming both more popular and more competitive. Ask any leasing provider whether they are the ...