Energy Saving Trust offer guide to choosing a company car

Is your company car due for replacement? The Energy Saving Trust have produced an animated guide, narrated by electric car enthusiast Robert Llewellyn, outlining which vehicle technologies are likely to be most suitable for different daily driving routines. The guide also outlines how choosing a suitable low emission vehicle could save you money in company car tax and fuel for private mileage. [iframe id=”https://www.youtube.com/embed/ok_ZC0FVuvM”]

BVRLA reveal truth about grey fleets

The full extent of the UK’s “grey fleet” is revealed today in the most comprehensive report into private vehicles used for business. The nation’s grey fleet comprises 14 million cars – 40 per cent of all vehicles on the road – and costs employers more than £5.5bn a year in mileage claims and car allowances. According to Getting To Grips With Grey Fleet, a new report produced by the Energy Saving Trust (EST) and commissioned by the British Vehicle Leasing and Rental Association (BVRLA), some 12 billion business miles are driven each year on Britain’s roads by employee-owned cars. The grey fleet describes the use of an employee’s own vehicle for business purposes. In return for using their own car, employees are reimbursed on a pence per mile basis. Using government figures and data from real- life fleets, EST researchers were able to produce…

Budget 2016: What does it mean for fleets?

Chancellor George Osborne delivered his eighth Budget that saw big news on the sugar tax, lifetime ISA, capital gains tax as well as changes to the personal tax allowance, but only a few measures that will impact on fleets. Here are the main points:- Company Car Tax: The main news for fleets was that company car tax will continue to be based on CO2 emissions until at least 2021 despite fears that the Government would change tactic. In addition, tighter capital allowance thresholds to promote ultra-low emission vehicles have been set out. Effective from April 2018, the main rate (18%) threshold is reduced from 130g/km to 110g/km. From the same date, the 100% first-year allowance threshold will also be tightened to vehicles emitting 50g/km or less, down from 75g/km, and this has been extended to 2021. Said to reflect the falling emissions of new…

Slough Borough Council add 15th Electric Car to fleet

Slough Borough Council’s ‘green’ credentials are motoring ahead as Fleetdrive deliver to them their 15th electric car, a Nissan Leaf. Following a sustainable fleet analysis with Fleetdrive’s award-winning team of experts, a number of practical operational uses were identified where electric vehicles could generate long-term savings for the Local Authority. Slough Borough Council are currently leasing 4 electric vehicles, 2 of which are on a monthly rolling agreement, and staff and Councillors are participating in the electric car trial project, ‘My Electric Avenue’, which has seen them adopt an additional 11 Nissan Leaf cars for the 18 month trial. ‘My Electric Avenue’ is a pioneering project, funded by Ofgem, aiming to find out what impact electric cars will have on the electricity supply when more people start to use them and trialling a new technology to more effectively manage the power supply. Participants in…

Fleetdrive Retain Title as ‘Best Small Fleet Green Leasing Company’

For the second successive year, Fleetdrive Electric has won the Best Small Fleet Green Leasing Company category in the 2014 Small Fleet Leasing Awards. Category judge Ty Smith, Arval’s head of SME Sales praised us on having a: “Comprehensive approach to green vehicle leasing for their customers and an impressive array of industry partnerships to support their offering.” Run by the websites Business Car Manager and Business Vans, and supported by Alphabet, Arval, LeasePlan’s Network brand, Lex Autolease, Nexus Vehicle Management and Applied Driving Techniques, the Small Fleet Leasing Awards highlight the very best companies providing leasing services to the SME sector. This is the second year the industry awards have been staged by Business Car Manager to celebrate the excellence of professional standards among the UK’s leading small fleet leasing companies and, this year for the first time, manufacturers. Fleetdrive continue to stand…

HM Revenue and Customs (HMRC) has opened a consultation on employee Benefits in Kind

The consultation looks at four measures proposed by the Office of Tax Simplification (OTS), and intends to simplify processes for both employers and HMRC. The four areas under consideration are: The abolition of the £8,500 benefit in kind threshold. If an employee earns less than £8,500 (including taxable benefits) then they have to complete a P9D form in place of the P11D. HMRC reports in 2011/2, it only received 15,000 P9D forms. Statutory exemption for trivial benefits in kind. In 2011/12, HMRC reports more than 500,000 P11Ds were completed providing BiKs of £100 or less. The consultation states each P11D costs an estimated £6.50 to process. Views are invited on the definition of a ‘trivial’ BiK and how this exemption should be structured. Exemption for expenses paid or reimbursed by employers. This involves the removing of the current system of dispensations for reporting non-taxable…

£5 million available for Local Authorities to green their fleets

The Government is making £5 million available to local authorities and other public bodies to convert their vehicles to run on cleaner fuels or fit pollution-busting technology to treat exhaust fumes. The Clean Vehicle Technology Fund aims to improve air quality in towns and cities across England. Each authority can apply for up to a maximum of £500,000 for vehicles that are used predominantly on local roads with poor air quality. Transport Minister Baroness Kramer said: “This is our latest step in a major programme of measures to make our air cleaner. “We are raising the bar and making sure that the ongoing trend of improving air quality continues. “This £5 million will mean less harmful exhaust fumes from buses, and other vehicles, in some of our most polluted urban areas. “This funding will also secure jobs and growth in the industries delivering the…

Petrol and diesel advisory fuel rates unchanged

The latest Advisory Fuel Rates (AFRs) from HM Revenue and Customs (HMRC), have come into effect (from June 1), with petrol and diesel rates unchanged. The rate for LPG vehicles with an engine size greater than 2,000cc has decreased from 17p to 16p, cancelling out the 1p increase implemented from March 1, 2014. For one month from the date of change, employers may use either the previous or new current rates to reimburse drivers for fuel used on business journeys. New rates in bold, previous rates in brackets. Petrol 1400cc or less 14p (14p) 1401cc to 2000cc 16p (16p) Over 2000cc 24p (24p) Diesel 1600cc or less 12p (12p) 1601cc to 2000cc 14p (14p) Over 2000cc 17p (17p) LPG 1400cc or less 9p (9p) 1401cc to 2000cc 11p (11p) Over 2000cc 16p (17p)

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