The Future of Salary Sacrifice Schemes

HM Revenue and Customs (HMRC) are consulting on the future of Salary Sacrifice arrangements and Cash for Car schemes are also to be considered. The UK tax authority had already come under fire for including cars obtained through Salary Sacrifice schemes in the consultation on potential tax changes. However, it now appears that thousands more company car drivers could see their tax arrangements overhauled as HMRC casts its net much wider than first thought. An HMRC spokesman has told Fleet News: “We are not looking just at traditional salary sacrifice, we are looking at when an employee can get a cash sum. “The most common is a car allowance where they can either get a car or a cash sum, which they can use on their own personal car or anything else. In this case, there will still be a direct convertibility to cash,…

West London Van Operators invited to Join Electric Van Trial

Under the Mayor’s Air Quality Fund, the London Borough of Hillingdon and its partners (the London Borough of Hounslow, Heathrow Airport and GSK) are offering local businesses the opportunity to trial electric vans in the workplace at no cost, other than providing their own insurance. The trial will give participants the opportunity to: Test an electric van over a two- to four-week period. Gain first-hand experience of utilising an electric vehicle (EV) for your day-to-day business use. Understand whether using an electric van meets your usage requirements and whether it could be beneficial for your company. The trial has been made possible through funding from the London Mayor’s Air Quality Fund (MAQF) and is open to all businesses with a company vehicle in the Borough of Hillingdon and surrounding area. It is being coordinated by Ricardo Energy & Environment, with vehicles provided by Fleetdrive…