All occupational safety related issues can be said to have a moral, legal and financial imperative. Work related road risks are not dissimilar. Of course there is a moral obligation, no organisation wants to harm their employees, customers and the public, the Dept for Transport road casualty statistic reports show only too well the scale of the risk faced by business drivers.
Posted on 8th May 2015 in Company Car.
The actual costs associated with work related road crashes can be as much as 30 times the immediate costs, many organisations do not realise these hidden costs nor do they capture or measure them.
Posted on 5th May 2015 in Company Car.
The improvement in the UK economy has brought about a return in confidence for SMEs. A key confidence index produced by the Business in Britain report – a bi-annual survey of 1,500 UK SMEs tracking the overall “balance” of opinion on a range of important performance and confidence measures – currently stands at 43 per cent, and this year should see small businesses across the UK fare much better than in previous years.
Posted on 2nd April 2015 in Company Car.
1 in 3 company car drivers will be involved in an accident this year. It’s impossible to eliminate the risk, but there’s plenty that can be done to mitigate it. Volvo’s pioneering support programme for fleet decision makers does just that. Co-Pilot is a scheme for SME customers, helping them keep within legislation and look after employees while they’re on the road plus reducing the impact on the bottom line of accidents.
Posted on 24th March 2015 in Company Car.
With the number of grey fleet vehicles now estimated at more than three times the number of company cars in the UK, the need to monitor and manage these vehicles is becoming increasingly vital for small businesses.
Posted on 29th December 2014 in Company Car.
Numerous businesses across the country rely on company cars, not only for their operational function but as an important component to an attractive reward scheme to entice and retain employees. Consequently, it is crucial for organisations to keep abreast of new policy developments and tax changes that will financially affect fleets and company cars.
There’s a bit of a driverless car ‘Space Race’ on at the moment, with the likes of Google, Audi, Volvo, BMW all working hard to develop and demonstrate driverless cars in action.
The past few years have seen a dramatic rise in the use of hybrid vehicles as company cars, however with The Committee on Climate Change wanting to see 1.7m electric vehicles (EV) on the roads by 2020 to meet its greenhouse gas targets, electric vehicles are the future of eco-friendly transport.
Quite rightly, you expect a lot of your work vehicles. If your car or van is out of action on a wet Monday morning, it can leave your clients fuming or a job put on hold. The last thing you need is an insurance policy that leaves you holding the baby — either by leaving you without wheels or by making you pay a big excess out of your own pocket.
Change is on the horizon for fleets this year. But with change comes the opportunity for companies to improve efficiency, increase savings, enhance employee offerings, and maximise benefits from suppliers. And in the process, we see the expertise of fleet providers being instrumental in helping organisations develop strategic and highly customised solutions to leverage these opportunities in 2014.
One of the most important questions for any business that operates a fleet is whether they should lease or buy their vehicles. It’s a crucial choice and one that requires careful consideration as the wrong decision can end up costing companies a significant sum of money.
The company car was once one of the most commonly used business perks; a valuable and tax efficient way for directors of SMEs to reward themselves as well as their staff. However, in recent years, the financial disadvantages have often outweighed the benefits, with most accountants advising owner managed businesses to opt for private ownership to reduce their tax liability, charging any business use mileage to the company.
Posted on 13th February 2014 in Company Car.