With severe winter weather forecast over the coming months, here is some information about all-weather driving which will help you stay safe on the roads during the winter months. Winter weather presents challenges in general. Here are some of our recommendations for things to look out for to keep your vehicle in tiptop condition throughout the winter season:
Prior to the 6th April 2017 company car drivers who were offered a cash
allowance yet opted for a car were taxed on the BIK (benefit in Kind) value of
the car. Since the 6th April 2017 however, company car drivers who are offered
a cash alternative yet opt for a car are taxed on the larger of the BIK value and
the cash allowance
In the Autumn Budget 2017, the government announced that it would legislate in a future Finance Bill, for the WLTP system to be introduced from April 2020.
As of the 6th April 2018 the company car tax rate for a diesel certified RDE2 will be equivalent to that of a petrol car with the same emissions band. Any diesel car not certified RDE2 (Real World Driving Emissions Stage 2) will be subject to a 4% supplement, and from September 2018 the WLTP (World Harmonised Light Vehicle Testing Procedure) approval will be mandatory for new cars.
This paper is designed to explore how the WLTP and the RDE2 supplement will affect official performance and emissions figures to try and remove the uncertainty surrounding potential legislation changes for company car drivers, fleet managers and fleet owners.
As we know, the government are continuing with their current strategy of taxing our company car drivers with a system that uses the Co2 and list price of the vehicle. As the % increases against the Co2 and the manufacturers increase the list price the company car benefit in kind tax regime becomes more and more expensive for the driver and the company.
HMRC has published its latest advisory fuel rates (AFRs) to take effect from March 1. Petrol rates have been reduced by one pence per mile across the board, while diesel rates have been reduced by one pence per mile for vehicles up to 2000cc, with payments for vehicles with capacity above this reducing by two pence per litre.
With the fairly recent introduction of ‘Corporate Social Responsibility’, the subject of business ethics is on everybody’s lips these days. Sadly, more often than not, this is mostly in the form of lip service. Many companies are guilty of having their marketing department create some slick CSR statement,
What hot topics do you think is worthy of note and what changes will happen within 2016 in the fleet industry? Well we can be certain of one thing, nothing will standstill. As a regular Linked in member and one that has constant dialogue with various friends and colleagues within the fleet sector people will change roles, manufacturers will continue to bring out new vehicles, we will still have the same pressures to make targets and income.
When I started PVS Ltd it was a daunting task to get the company up and running and then attract customers that would see the benefit in using someone like us to support their fleet requirements. Well I am pleased that we now end 2015 with 5 contracts signed, been able to achieve in excess of 1000% Return on investment for our customers and they continue to use us following the initial review.