All Company cars articles – Page 44
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Article
ACFO concern over cuts to Advisory Fuel Rates
The Premier Organisation for Fleet Operators (ACFO) has expressed concern about cuts in the Advisory Fuel Rates (AFR) and is holding meetings with HM Revenue & Customs (HMRC) to discuss its changes.It has warned that company car drivers reimbursed by their employer for business mileage could be out of pocket ...
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Article
Chancellor may turn on Ecop schemes in pre-budget report
Rules around alternatively secured pensions (ASPs) and employee car ownership plans (Ecops) are predicted to feature in this year's pre-Budget report, due to be delivered on 6 December.Pensions experts predict the government will alter rules around ASPs, which were introduced last April and allow individuals who have not purchased an ...
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Article
Brown's green measures slammed
Fleet experts have labelled measures in Gordon Brown's pre-Budget report to cut carbon emissions through incentives on green fuel as bland and ineffective because the fuel is not widely available. Instead of being able to take advantage of these measures most fleet managers are facing hikes in their fuel bills ...
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Analysis
Affinity schemes offer employers vehicle buying power
Through affinity schemes, employers can use their bulk purchasing power to negotiate discounts from manufacturers or through leasing companies, says Vicki TaylorIf you read nothing else, read this ...Affinity car schemes allow employees to purchase discounted cars through their organisation or a leasing company.Deals come at little cost to bosses ...
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Article
Company cars and fleet - definition
The company car market has seen a move away from the traditional outright purchase method of procuring company cars for employees, and there are now a variety of methods of sourcing and funding cars. In some cases, employers see fit to offer several types of scheme, such as through an ...
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Article
Buyer's guide: Fleet management
The maturity of the fleet management market means employers stand to get a good deal, but watch out for extra costs, says Jamin RobertsonArticle in fullEnvironmental issues continue to rocket up employers' agendas when it comes to fleet management with hot topics for discussion including CO2 emissions and hybrid vehicles.Fleet ...
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Article
ALD offers risk management for own-car drivers
ALD Automotive has launched an online risk management product for staff who drive their own cars on company business.The system, called Car Allowance Road Risk Solution, is a modular product that can provide employers with management information depending on their business needs. There are various options depending on business needs. ...
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Analysis
Silver clouds line CO2 tale?
Carbon emission offsetting schemes are taking hold as organisations realise there's respect from staff for environmentally-conscious employers, says Vicki Taylor.If you read nothing else, read this ...Employers could come under pressure to incoporate carbon emission offsetting schemes within their corporate social responsibillity strategies.Some organisations have seen success with schemes that ...
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Case Studies
Chard fleet goes greener
Case Study: ChardWest London estate agency and lettings firm Chard has taken a greener route when ferrying potential buyers and tenants around available properties in Notting Hill, Kensington, Brook Green and Fulham.The company has plans to eventually replace about 50 Toyota Rav4 vehicles with petrol-electric Toyota Prius cars.Jim Pike, fleet ...
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Case Studies
Whitbread focuses on company cars
Case Study: WhitbreadHospitality and leisure firm Whitbread runs 600 company cars and has reduced the number of cash alternatives it offers.The company has two fleet systems, a car benefit scheme for status and perk drivers, and the company car scheme for business drivers.Nigel Trotman, business relationship manager, believes retaining company ...
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Case Studies
McDonald's staff eye cash for cars
Case Study: McDonald'sMcDonald's offers a cash allowance scheme to its 1,300 employees who are entitled to a company car.The split between employees taking a company car and the cash option is reasonably even. The fleet department calculates the cash allowance by grading employees, with each grade being entitled to a ...
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Analysis
Do ECOP schemes promote unsafe car choice?
If you read nothing else, read this ...The European New Car Assessment Programme (Euro NCAP) rates new cars on a range of safety factors, such as seat belt reminders and the seriousness of head injuries sustained in a collision.Restricting an employee car ownership plan (Ecop) driver to a limited range ...
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Article
Legislation - Union helps recoup car cash
Local authorities have been warned to check their car mileage allowance schemes after Birmingham City Council (BCC) was ordered to pay more than GBP39,000 to employees who had been underpaid.All of the claimants' contracts of employment were specified under the Scheme of conditions of service of the National Joint Council ...
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Article
Company car loss needs cash compensation
Nearly three-quarters (70 per cent) of company car drivers would expect an increase in salary as compensation if their company car benefit is withdrawn.Just 7 per cent said that removing the benefit wouldn't have any impact on them, while 20 per cent would want to buy their current company car ...
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Case Studies
Yorkshire Building Society prefers cash over cars
Case Study: Yorkshire Building SocietyBuild in reduced admin Yorkshire Building Society has had a cash allowance scheme in place since 1998.Mary Blackwell, supplies manager at the organisation, believes the reduction in admin is the key advantage of the scheme. “It certainly is easier to administer, we obviously have more to ...
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Article
Product News - New VAT solution
Following further clarification issued by HM revenue and Customs, The Miles Consultancy has launched a brand new VAT Solution that intends to help companies who use the pay-and -reclaim method to continue without any uncertainty around the new rules. Whether operating a company car fleet or a cash alternative scheme ...
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Article
Summer driver safety issues
Summer clothing could put employees at increased risk of an accident, according to the Summer driving survey by AA Business Services. Almost 70% of company car drivers have driven in flip-flops, but such action can have safety implications because drivers have less control of their car pedals. The survey also ...
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Analysis
How to deal with difficult employees
Driven by better perks offerings from rivals and previous employers,troublesome employees who bleat about their reward package need to be isolated and calmed down, says Vicki TaylorCase study: GlaxoSmithKlineArticle in fullMost managers have to deal with the odd staff complaint, but while you might expect benefits managers to be shielded ...
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Analysis
Judgement highlights importance of duty of care for fleets
A landmark ruling in June saw a Cambridge-based catering company fined £30,000 after an employee died behind the wheel of a car after working 76 hours over four days. As a result, more pressure than ever is being placed on fleet managers to secure an adequate duty of care for ...
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Article
Portsmouth Hospitals NHS Trust adds car ownership plan
Portsmouth Hospitals NHS Trust has added an all employee car ownership plan and a mobile phone salary sacrifice arrangement to its benefits package. Both perks are believed to be of wide appeal to the organisation's 7,500 employees, however, the trust's firewall has been made so secure to protect sensitive data, ...