company car policy

Grey Fleet Management

Organisations that allow their employees to drive their own vehicles on business are walking a health and safety tightrope. Too many SMEs believe that if they allow staff to drive privately-owned cars or vans on work-related journeys then health and safety and duty of care regulations can be ignored. Wrong! Legally, any vehicle driven on company business – no matter who owns it – responsibility rests with the employer. Employee-owned vehicles driven on business are known as the ‘grey fleet’ – but the law is very black and white over where responsbility for the vehicle and driver lies in terms of occupational road risk management. Therefore, it is incumbent on all employers to have in place a robust ‘grey fleet’ management policy that will satisfy l... »

New Tax Laws Impact Company Car Leasing Policy

New Tax Laws Impact Company Car Leasing Policy

Small Business News – 16th February 2009 Companies need to act now or face being disadvantaged by the tax changes which come into force in April 2009. Changes to vehicle excise duty, capital allowances and the expensive car leasing disallowance rules were announced in the March 2008 Budget. All the changes are linked to CO2 emissions, with the key cut off point for cars being 160g/km of CO2. Essentially, the new capital allowance regime favors vehicles that emit 160g/km of CO2 or less. For companies due to order their vehicles in January there is an urgent need to review their car policy now as the vehicles will arrive after April 1 and therefore be affected by the tax changes. In simple terms, it is better for cars emitting 161g/km CO2 or above to be delivered before the end of Marc... »