Octopus EV calls for clarity on BiK rates for EVs
As drivers enter new lease agreements this year that will take them into 2028, Octopus has called on the Government to provide clarity on what these tax rules will look
As drivers enter new lease agreements this year that will take them into 2028, Octopus has called on the Government to provide clarity on what these tax rules will look
Plans to change the taxing of pick-up trucks announced just a week ago by the Government, which would have seen double-cab models taxed as cars rather than commercial vehicles, have
Making the full expensing capital allowance tax scheme, introduced in the last Budget, permanent certainly comes as welcome news, helping to support many fleets’ bottom line, along with the transition
UK drivers’ ability to afford vehicle maintenance is compromising the safety of drivers and other road users – and for businesses, it’s increasing grey fleet risk – with the research
Recent studies have shown that travel disruption and train strikes have led to higher preferences towards car usage and ownership. As people revaluate their travel options, Alphabet’s own research has found
LCVs also qualify as ‘plant and machinery’, meaning the purchase cost can be written off through Capital Allowances (CAs) reducing your business profits. Until 31 March 2023 a ‘super deduction’
HMRC is very keen to ensure that employees don’t use pool cars and vans as their regular company vehicles in an attempt to sidestep company car tax. In some organisations
Some 55% of employees said that they would not have opted for an electric car had it not been provided through a salary sacrifice car scheme, while factors that informed
From increased costs and supply chain delays to upcoming net zero deadlines and regulatory changes, 2022 presented businesses with another year of turbulence and complexity. Fleet decision-makers have been faced
Report shows how financial incentives offered by Government worked. The zero Road Fund Licence, and the 2% BiK rate applied to EVs since 2019 has accelerated the growth in uptake of
Fleet Alliance scheme offers a number of USPs; for example, a dedicated driver support team helps drivers find special offers and available stock vehicles; there is no mandatory Early Termination
Trade organisation says that the recent scrapping of the plug-in car grant scheme could indicate that the government believes the EV market has now reached a point where it can
One of the factors behind the acceleration is the impact of the Coronavirus pandemic which has brought reduced driver journeys across the board and, as a result, has reduced range
Fleet management is either seen as ensuring driver compliance, reducing risks associated with driving for work, or driving costs down. As costs rise, more businesses are keen to review fleet,
Currently 30% of V12VF’s sales team have opted for a fully electric vehicle and 65% for a plug-in hybrid, making its fleet 95% sustainable and efficient. In the next 6
Mileage range of EVs is the main concern when considering whether or not they should make the switch to electric. However, the data suggests that mileage range is only an
Companies and fleet managers today understand the importance of building true environmental sustainability into their business. Not only is this becoming a key differentiator to attract potential new employees, but
One challenge can be convincing decision-makers and office managers to give the green light to installing charging points in the workplace. Fleet managers need to be sure they understand and
Government is offering generous financial support to help increase the uptake of EVs, especially in the fleet market. Venson Automotive Solutions has shone the spotlight on how to reduce an EV
There remains an ongoing reluctance among some employees to use buses and trains for commuting and business trips, with an accompanying desire to switch into environmentally friendly cars. Salary sacrifice
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
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