All Company cars articles – Page 39
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Get even further for less
Including greener cars in a company car fleet is a sure-fire way of slashing tax bills for the employer and employee alikeThe simplest way to slash your fleet's tax bill is to buy greener cars. Back in 2002, the government changed the way company cars were taxed in a bid ...
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How to manage a green fleet
Fuel social responsibilityNew wave alchemists turn green into goldCounting emissions is like counting caloriesFuel hikes needn't put fleet bosses over a barrelExhaust all the optionsMake a dent in bad habitsGo the distance in slugging out work detailsGet even further for lessCase Studies: Incentives to go greenSponsor's commentManaging a green fleet ...
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Fuel social responsibility
If organisations are to reduce their carbon footprint, then running a fleet efficiently needs embedding in corporate cultureGreen fleet management is one of the biggest issues facing employers today. Britain's company cars spew out 16 million tonnes of carbon dioxide every year, according to the Energy Saving Trust's 2007 report ...
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Analysis
Fuelling salary sacrifice?
As providers launch salary sacrifice around cars with a view to benefiting perk drivers, Nick Golding weighs up if these arrangements could take over from affinity schemes†Affinity, or all-employee car ownership, schemes offer employees the option of purchasing a vehicle at a discounted rate negotiated by their employer. The number ...
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Cars and fleet - definition - Cash allowance
A cash allowance is an allowance paid in lieu of a company car to employees who would qualify for a company car. Allowances can be paid to employees who have to use their cars for business as well as to those who simply receive this benefit as a perk. However, ...
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Cars and fleet - definition - Affinity company car scheme
Affinity car schemes allow employers to strike a deal directly with a manufacturer or through a leasing company, and provide employees with access to cheaper prices on the purchase of new and used cars. Deals come at little cost to employers but use of cars for work should comply with ...
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Best practice from thought leaders 2008
Adapt best practice to suit own needsFacing flexFlex can be the glue that offers consistency across businessesBeing proactive on healthDriving down cost of absence with analysis of sickness dataAccounting for changeTailored modelling tools help staff get realistic about retirementBuild robust rewardDishing out reward for hitting strategic goals creates valueRisk products ...
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Cars and fleet - definition - Fleet risk assessment
An audit of all the risks affecting a company car fleet. This includes checking that drivers have valid drivers licences and regular eye tests through to driver training and reviewing whether all journeys are necessary.Full details of a risk assessment
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Cars and fleet - definition - Company car tax
Company car drivers have to pay benefits tax based on the new list price of their car and its carbon dioxide emissions. Some employees prefer to receive a cash allowance in lieu of a company car. They are then liable for NI and income tax on this amount instead.
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Cars and fleet - definition - Company car
A company car is a car provided to an employee as part of their reward package. In most cases company cars are provided because the employee needs it in order to carry out their job. In some cases, a car is provided as a perk of the job for private ...
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Green corporate image often more important than carbon and cost reductions
Almost two thirds of employers (60%) admit that their organisation's image is the main reason behind them taking a green approach to their fleet, with less than half (47%) stating that cost reduction is a motivating factor.According a survey of more than 150 businesses by fleet management company Masterlease, 70% ...
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Cars and fleet - definition - Fuel card
Fuel card act like credit cards that can only be used for fuel. Employers which provide these to company car drivers are able to use the related paperwork to track purchases, mileages and tax due.
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Cars and fleet - definition - Perk driver
A perk driver is an employee who is given a company car or car allowance with no expectation that they will use their car for business. The car is simply for private use (although it can be used on business) and is a ‘perk’ of the job.
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Two-thirds of private cars found to be unsafe
Two-thirds of private vehicles driven on employer business are not safe, according to the Vehicle monitor survey conducted by fleet management firm Total Motion. Some 5,734 company and privately-owned vehicles used for business were inspected last year and nine-out-of-ten (91%) of the drivers admitted to failing to make basic vehicle ...
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Education is the key to curbing driver health and safety issues
Food firm Cadbury Schweppes believes that by educating drivers in health and safety matters can be a win-win situation for both staff and the organisationAt a time when grey fleet, where drivers use their own cars for work, and environmental issues are at the forefront of every fleet manager's agenda, ...
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Analysis
Weighing up fleet financing options
Impending corporate manslaughter laws add a new layer of complexity for FDs in the sourcing and financing fleets, says Nick GoldingExecutive summary The decision on how to source and finance company cars has crucial tax and employer risk implications that need to be carefully balanced. The most common way that ...
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Tailored funding strategies
This article is brought to you by our sponsor Alphabet.Richard Schooling, chief operating officer at Alphabet, suggests employers demand bespoke solutions from vehicle suppliers that meet clear objectives around funding and risk managementFleets face a cocktail of difficult challenges over the next 12 months but there are several key areas ...
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Analysis
Know grey safety issues
Employees who use their own cars for business journeys are increasingly referred to as the grey fleet, and can carry a large risk if employers don't take steps to ensure their safety, says Nick GoldingThe term 'grey fleet' is one which is often bandied around the fleet industry. Put simply, ...
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Analysis
The fleet agenda for 2008
Corporate manslaughter and environmental concerns will dominate the new year agenda, says Nick GoldingWhen Croatia hammered the final nail into the coffin of England's Euro 2008 football campaign and condemned the nation to a summer of potentially washed-out tennis, many fleet managers probably breathed a very quiet sigh of relief. ...
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Drivers involved in fatal accidents may not be jailed
The Sentencing Guidelines Committee has announced that drivers who kill could escape jail despite last month's recommendations from the Crown Prosecution Service (CPS), which stated that drivers using hand-held devices including mobile phones could face two years in jail.This could have an adverse effect on employees who drive company cars, ...