All Company cars articles – Page 31
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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 ...
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Article
One in four finance directors intend to offload company cars
One in four finance directors intend to offload company-owned vehicles in a bid to raise more cash.This is according to a survey carried out for Lex Autolease by YouGov following an annual audit by the firm, which highlights the growth funds being raised through sale and leaseback agreements.The Lex Autolease/YouGov ...
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Article
Ultra Electronics selects Tusker for car scheme
Defence, security, transport and energy electronics group, Ultra Electronics, has chosen Tusker to provide a salary sacrifice car scheme as part of its UltraSelect flexible benefits package available to about 1,800 employees throughout the UK.Ultra Electronics, which employs about 4,000 employees worldwide across 24 businesses and is based at Greenford, ...
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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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Article
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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Article
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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Article
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 ...