All Company cars articles – Page 31
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Article
Northumbrian Water introduces salary sacrifice car scheme
Northumbrian Water has introduced a contract hire scheme and salary sacrifice arrangement for its company cars.The water and waste company, which has a fleet of 350 company cars, previously operated an employee car ownership scheme.Its salary sacrifice scheme forms part of the company's flexible benefits plan, which is available to ...
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Analysis
Fuel cards are a winner for company car fleets
If you read nothing else, read this….Fuel cards are effective for capturing employee mileage and fuel consumption data more accuratelyFuel cards can simplify administration and the burden on payroll processesFuel cards are often confused with offering staff free fuelThe tax advantages of offering free fuel for private use have been ...
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Article
Employers do not meet green intentions around cars
Although 60% of fleet managers believe reducing the environmental impact of their company cars is very important, only 27% actually have policies in place to do something about it, according to new research from the Energy Saving Trust.The research, which includes information from 331 companies in England and Wales, provides ...
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Article
Dairy Crest appoints Lex Autolease as sole fleet supplier
Dairy Crest has appointed Lex Autolease as its sole fleet supplier in a three-year £35m deal.†Through the deal, the chilled dairy foods company will be supplied with a minimum total of 1,500 vehicles, including a 500-strong car fleet made up of Audis, BMWs, Hondas and Volkswagens.The new vehicles will be ...
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Comet launches new affinity company car scheme
Comet Group has launched a new affinity car scheme to boost its benefits offering and support management of its grey fleet.The scheme, introduced by the electrical retailer last month, is open to all 10,000 staff and managers across the retail, home delivery, services and corporate areas.The arrangement is aimed at ...
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Article
Toyota recall affects company cars
Fleet providers are bracing themselves for a recall of some Toyota models amid concerns that almost 200,000 cars in the UK may have sticking brake pedals.But providers claim that disruption to customers will be minimal, with drivers able to have their cars back on the road “the same day” in ...
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Budget 2010: Ultra low-emission cars to get tax concession
Ultra-low carbon cars will have their company car tax halved for five years as part of proposals outlined by Chancellor Alastair Darling in this year's Budget.Cars which emit between 1 and 75g of CO2 per kilometre will see the 50% drop in the percentage of list price subject to company ...
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Budget 2010: Fuel tax rise to be staged
Tax on fuel will be subject to a staged rise of three pence, Chancellor Alastair Darling revealed in his Budget report.The first rise of one pence will take effect from April, a further one pence rise will come in from October and the final one pence duty will come in ...
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Analysis
Thought leaders 2010: The year ahead: Green incentives spark economy drive
Key pointsThe recession has led employers to scrutinise their company car and business costsMany are focusing on corporate social responsibility and therefore on greener fleetsThe tax regime around low-emission cars is causing employers to rethink which cars they offer and how they do soIt is worth putting company cars into ...
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Article
North Yorkshire County Council to launch salary sacrifice car scheme
North Yorkshire County Council is to launch a salary sacrifice car scheme which will be made available to around 30,000 employees. The four-year scheme, which is due to go live in April, will be part of the council's flexible benefits package and covers cars with carbon emissions of less than ...
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Article
GlaxoSmithKline appoints new fleet provider
Pharmaceutical giant GlaxoSmithKline (GSK) has awarded Zenith Provecta the contract to manage the fleet of 1,200 vehicles under its Employee Car Ownership scheme (ECOS).The contract includes maintenance, motor insurance, breakdown recovery, accident management, short-term hire and insurance that covers the difference between the actual cash value of the leased vehicle ...
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Article
Marriott Hotels signs fleet management contract with ING Car Lease
Leisure business Marriott Hotels has signed an exclusive fleet management contract with ING Car Lease.Marriott has appointed the leasing firm to handle its contract hire, risk management, accident management and rental needs.Marriott, which operates nearly 60 hotels in the UK and Ireland, runs a fleet of about 220 cars, with ...
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Article
Fair Care joins forces with NCP to offer a salary sacrifice car parking scheme
Benefits provider Fair Care has joined forces with parking firm NCP to offer a salary sacrifice car parking scheme.The Smart Parking Scheme will enable staff to save up to 50% on their regular parking costs. The standalone product is administered by Fair Care.Staff are issued with an NCP Space card ...
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Analysis
Economical alternatives to company pool cars
Pool cars can be a costly way to provide staff vehicles and there are better alternatives, says Nic PatonIf you read nothing else, read this...Pool fleet cars need to be in use 50% of the time just to break even.Pay-as-you-go car clubs can be an alternative to pool vehicles, but ...
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Pre-Budget report: Government backs greener fleets
Chancellor Alistair Darling has announced plans to increase the number of electric cars on the streets by exempting them from company car tax for five years.In his pre-Budget report, he also announced a 100% first year capital allowance for electric vans.Darling said the plans were a key component of the ...
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Article
HMRC announces revised advisory fuel rates
HM Revenue and Customs (HMRC) has revised advisory fuel rates for all journeys on or after 1 December.For the first time, the revised rates will take effect immediately after the month's notice previously given for the change was withdrawn. Employers making or collecting payments at the superseded rate because they ...
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Article
Acco seeks European unity for company car scheme
Office supplies firm Acco is to standardise its company car policy across Europe to streamline the benefit and improve its green credentials.Each of the 15 European countries in which it operates, including France, Germany, Italy and several in eastern Europe, previously ran its own scheme, often with several providers and ...
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Article
Trader Media Group outsources fleet management
Trader Media Group (TMG) has outsourced the management of its 250 vehicle fleet and 169 cash allowance drivers to Zenith Provecta.The outsourced fleet management service will include contract hire, maintenance, accident management, risk management and daily rental. TMG has also extended the vehicle choice.Staff will have access to a bespoke ...
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Analysis
Mitigating fleet driver risk
Cutbacks during the recession have put company car drivers under pressure, possibly increasing risk levels, says Sarah ColesIf you read nothing else, read this...- The risks attached to driving for work increase if drivers are working harder, and must be mitigated by policies and training.- Structured risk management programmes can ...
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Article
More than half of business drivers support hands free driving
More than half (59%) of business drivers are supportive of a new system that would cut fuel consumption and allow them to travel down the motorway hands free on auto-pilot, according to research conducted by Lex Autolease.The Road Train system, aimed at drivers who cover long distances for work, would ...