Company Cars & Fleet
Fleet management allows employers to offer company cars to employees in different forms. If not given a traditional company car, staff are likely to receive this perk as a cash allowance which they can use to lease, purchase or hire a vehicle. Employers need to choose the most appropriate solution for drivers, whether that is an employee car ownership scheme or traditional company car, or a combination of schemes to meet various needs. It is a decision that is complicated by company car tax and maintenance management, as well as health issues such as corporate manslaughter and fleet risk.
Definitions related to company cars and fleet management & Buyer’s guide
How to manage fleet risk (PDF 3.4mb); How to manage a green fleet
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News
02 Sep Magnet renews its fleet contract
01 Sep Cable and Wireless Worldwide signals salary sacrifice car scheme
23 Aug IASB aims to improve financial reporting on vehicle leasing
18 Aug Small fleets neglect duty of care and driver training
13 Aug Doosan Power Systems launches salary sacrifice scheme for company cars
Analysis
How will VAT rise affect company cars?
Employers should act now to mitigate the effects of next January's VAT rise on company car fleets, says Nic Paton
05 Jul User-chooser car schemes pay off
01 Jun Salary sacrifice company cars: Sponsor's comment: Salary sacrifice for cars has come of age
01 Jun Salary sacrifice company cars: What is salary sacrifice?
01 Jun Salary sacrifice company cars: How to implement a scheme
01 Jun Salary sacrifice company cars: What are the tax breaks?
Case Studies
Salary sacrifice company cars: Case studies
A soft launch, with staff allowed to play on the portal for a couple of months but not place orders, helped North Yorkshire County Council iron out any snags and generate interest before its company car salary sacrifice scheme went live on 1 April this year.
04 May Case Study: Freshfields spreads the word
30 Mar Ultra Electronics selects Tusker for car scheme
01 Mar Thought leaders 2010: The year ahead: Green incentives spark economy drive
01 Mar Comet launches new affinity company car scheme
01 Feb North Yorkshire County Council to launch salary sacrifice car scheme
Research
Small fleets neglect duty of care and driver training
Small fleet operators fail to recognise the importance of duty of care and offering driver training.. According to the Company Car Trends report by GE Capital Fleet Services, just over three in five (63%) small fleet operators see the significance of duty of care, compared to three-quarters (76%) of larger fleets.
12 Aug PwC research: One fifth of employers intend to reduce fleet choice
04 Aug ACFO survey: fleets have little interest in salary sacrifice
23 Jul Cars remain powerful attraction and retention tool for multinational employers
18 Jun A quarter of organisations reduced fleet budgets during recession
16 Jun Half of employers do not plan to reduce company car costs
