The handing back of company car and van keys or fobs to employers in order to avoid benefit-in-kind taxation during the coronavirus lockdown needs careful management, the Association of Fleet Professionals has warned. There remained both pertinent questions for HMRC around the issue and a range of potential practical problems to resolve, explained co-chair Caroline Sandall. She said, “During … [Read more...]
Penalties and problems looming for fleets
Thousands of vehicles and hundreds of fleets will struggle to meet incoming stringent emissions legislation and pay the price, a survey shows. Around 5.3% of company cars and vans being operated by customers of FleetCheck only meet the Euro 4 emissions standard or older, according to a new analysis. A further 18.2% of vehicles from the total sample of 85,792 also fall behind the latest Euro 6 … [Read more...]
Repay Christmas and rent your drive
Brits now counting the cost of Christmas can ease the New Year financial blues by renting out their driveway whilst joining thousands of homeowners making more than £1,000 per year. Figures suggest that Brits spend from £500 to more than £700 per person over the festive period, splashing out on gifts, decorations, food, parties and the like. Yet data released by online parking portal … [Read more...]