HMRC To Introduce Advisory Fuel Rates For 100% Electric Cars

100% Advisory Fuel Rate Introduced For Electric Cars HM Revenue and Customs (HMRC) is to introduce an Advisory Fuel Rate (AFR) for 100% electric cars from September 1 this year of 4p per mile, following pressure from the fleet industry. The new Advisory Electricity Rate will be published alongside AFRs for petrol, diesel and LPG (liquefied petroleum gas) cars and, as before, will be based on engine size. However, plug-in hybrid and hybrid cars will continue to be treated as either petrol or diesel models for mileage reimbursement purposes, and will not have their own AFR, despite the industry also lobbying for their introduction. What are Advisory Fuel Rates? AFRs apply where employers reimburse employees for business travel in their [...]

WLTP Impact For Drivers

How Much Do You Know About WLTP? If you’re a company car driver and haven’t heard of WLTP it’s worth taking a few minutes to get up to speed, particularly if you’re just about to order a new car. The short version If you’re in a hurry, this short animation gives the headline information. The technical bit WLTP (the Worldwide Harmonised Light Vehicle Test Procedure) is the EU’s new fuel consumption and emissions testing regime that’s taking over from the old NEDC tests. It’s a much longer test that better emulates both the type of journeys that modern drivers undertake and their driving style. By doing this it gives a much more accurate indication of how each car will perform [...]

By |August 9th, 2018|Categories: Driving, Fleet, Vehicles|0 Comments

Tax Benefits Of Electric Cars

How To Reduce Your Tax Bill With Capital Allowances On Electric Cars The Government is offering a tasty tax carrot to businesses to try and tempt them out of their traditional internal combustion engined vehicles and into electric or hybrid company cars. From April of this year and for the next three years, electric company cars that emit 50g/km of CO2 or less receive an attractive business tax benefit in the shape of a full 100% First Year Allowance (FYA). This allows companies to offset the full cost of the cars in the first year of ownership against their tax bills – a substantial incentive for any business that is prepared to go down an ultra low emission route.   [...]

By |August 6th, 2018|Categories: Fleet, Vehicles|0 Comments

Electric Vehicle Movement Gathers Momentum

The 'Road to Zero Strategy' And Electric Vehicles The movement towards the electrification of UK motoring has gathered momentum, following details of the government’s ‘Road to Zero Strategy’ and the acquisition of leading charging provider, Chargemaster, by oil giant BP. What is the ‘Road to Zero’ strategy? As part of moves towards the planned ban of all non-hybrid petrol and diesel vehicles by 2040, the government’s ‘Road to Zero Strategy’ targets 50-70% of new cars sold annually to fall into the Ultra Low Emissions (ULEV) category by 2030 (a 10-year earlier deadline). Recognising advancements in technology, the government says that within three years (that is from 2021), it expects to define an ULEV as a car or van that emits [...]

GDPR Brings Changes To Licence Checking Rules

GDPR And What It Means For Fleet Driver Licence Checks You will probably have been living in a cave if you haven’t heard of or received emails about the new European data protection legislation, the General Data Protection Regulation (GDPR) – which came into force on May 25 2018. One of the consequences of the new legislation, amongst a whole host of new outcomes, is the need for company car drivers to sign new driver licence-checking consent forms. GDPR requires businesses to comply with new privacy regulations and one of the areas affected is that of driver consent forms. Supplied by the Driver and Vehicle Licensing Agency (DVLA), they permit third-party companies, including employers, rental and licence checking companies, to [...]

By |July 27th, 2018|Categories: Fleet|0 Comments

Tips For Driving Abroad This Summer

Be Extra Careful If Driving Abroad This Summer! For the many company drivers taking their vehicles abroad there are a number of things to watch out for this summer, including clean air stickers (Crit'Air) in certain French cities and new generation mobile speed cameras in Spain. French clean air law Company car drivers heading for France will need to give their leasing company or employer plenty of notice because of the latest clean air regulations, which apply in a number of French cities and which have been extended since they were first introduced. The Crit’Air scheme, which came into force in January 2017, requires all vehicles to display a windscreen sticker, or vignette, according to how much they pollute. The scheme [...]

By |July 5th, 2018|Categories: Driving, Fleet|0 Comments

Challenging Perceptions With Mini-lease

Mini-lease: Surprisingly Cost-Effective Flexibility and commitment are old adversaries; commitment equals structure, predictability, dependability and lower cost. Flexibility, well it means you can change your mind regularly, don’t have to be loyal and you’ll have more experiences … but at a higher cost. Think about cars, some run them for years and others replace them regularly. For those that keep them (at least until a point in time) they will spend less money on their motoring than those that chop and change. When it comes to leasing, short term hire is at the flexible end of the continuum and contract hire represents commitment. In cost terms, short term hire is much more expensive over time than contract hire. There is [...]

By |July 3rd, 2018|Categories: Rental|0 Comments

Struggling With The Impacts Of WLTP? Mini-lease Provides A Solution

Struggling With The Impacts Of WLTP? Mini-lease Provides A Solution To say that WLTP (the World Harmonised Light Vehicle Test Procedure) is causing the fleet industry a headache is something of an understatement. The new emissions testing standard, which come into force for all cars from September this year, is having a significant impact on vehicle manufacturers, fleet managers and drivers. Manufacturing Issues For manufacturers, the main issue is ensuring that every single model has been tested under the new standard in time for the September deadline. This not only means undertaking the new, more stringent, WLTP lab tests but also road testing every vehicle in their range, with every drivetrain combination, under the RDE (Real Driving Emissions) test element [...]

By |June 28th, 2018|Categories: Driving, Fleet, Rental|0 Comments

New Website For Mini-lease

CLM Launches New Website Following Surge In Mini-lease Demand CLM has launched a new dedicated website for its Mini-lease range of products following a surge in uptake and demand from corporate customers. We have seen bookings for our flexible, short-to-medium term rental product increase by 30% year-on-year, with companies of all sizes booking rental vehicles on highly attractive 3-12 month terms. The new website at www.minilease.online carries a range of available vehicles from small cars up to large sized vans, and a variety of different rates for Mini-leases ranging from 3-12 months in duration. CLM Director - In Life Services, Chris Mitchinson, said: “We are seeing continuous demand for our Mini-lease vehicles from companies of all sizes – from SMEs [...]

By |June 25th, 2018|Categories: Business news, Fleet, Rental|0 Comments
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