Making sure that you’re meeting the demands of the taxman is a given for any company, but it has to be said that HMRC can be a much more benevolent organisation than you might first imagine. While it’s true to say that HMRC does want you to pay any tax due, HMRC is also working towards a thriving and vibrant economy. HMRC seeks to help you make the most of your business opportunities and – for those who run a fleet of cars or vans – HMRC offer taxable benefits that can help you ease your tax burden. As ever, it’s critical to understand how the system works so we’ve asked RAM Tracking’s finance expert, James Monks, to put together an easy-to-follow overview of how it works.
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Vehicle theft is a multi-million-pound criminal enterprise, with fleet vehicles (and their contents) being the focus of those that wish to make fast money. In the UK alone, there were more than 76,000 police reported motor vehicle thefts, in 2016 alone (17 percent of the estimated 5 million incidents related to property crimes), but the number is steadily rising since 2012. Given that business vehicles are the lifeline of the entrepreneur, regardless how large or small the fleet, it is crucial you take all proactive measures necessary to help design a solid plan so you can protect your profits, employees, and, of course, vehicles.
The Brexit fog is starting to clear as many more of us are beginning to come to terms with what might be expected for the UK moving forward outside of the EU. However, one thing some people won’t have considered if traveling on the UK roads may be affected - personally and commercially for businesses. There are many UK businesses that run a company fleet of vehicles, and most of those businesses will run some form of van fleet or even a truck fleet of above 7.5 tonne. There have been certain EU laws that we have needed to abide by in regards to the running of these types of vehicles, especially for heavy duty vehicles. Some of which are for the benefit of both the driver and the company. One, in particular, was the introduction of tachographs on vehicles over the five-tonne weight. This meant that drivers couldn’t drive any longer than four and half hours without a break. With a break being mandatory of forty-five minutes before being able to be driven once more. A tachograph records this information, ensuring that a driver abides by this law. Could this change once the UK is no longer accountable by this EU law?
Along with Madrid, Paris, Athens, Brussels, Mexico City, and Vancouver, among others, 35 UK cities are also taking the car-free plunge. Diesel drivers will probably be forced to pay a £20 “toxin-tax” as the Government is trying to find out more ways to reduce air pollution in the UK by lowering CO2, NOx, and NO2 levels.
For many years drivers have been faced with tough decisions when it comes to choosing either a petrol or diesel model. Each has its own benefits in terms of performance, economy and how much you pay at the pumps; but in recent years we’ve seen diesel drivers being punished because of their carbon dioxide emissions.
Potholes can be a costly nuisance for drivers and fleet managers alike. Damage to a vehicle from a pothole can include damage to the bodywork, the tyre and often distortion to an expensive wheel wall. To help make the process of claiming back on this damage, we've compiled a useful guide on how to make a successful pothole claim in the UK.
Do you see any major benefit to having a speed limiter or restrictor placed on a vehicle? Do you think they hinder productivity rather than enhance it or even benefit you as a company in other ways? There are, in fact, a lot of plus points for getting speed limiters placed on vehicles, and we thought it was about time to highlight some of the major factors. Speed restrictors were originally designed as a safety aspect. Improving the accountability of drivers on all the roads and highways to ensure that vehicles never accelerated beyond a certain speed. It certainly isn’t just for vehicles with a personal use, but also can help with commercial vehicles and company fleets.
A car that can drive itself? It certainly could be a flagship visionary for many company fleets as you begin to tally up exactly how much a human driver costs your business each year. The salary, the expenses, and not to mention those unforeseen costs like speeding fines, etc. However, it is fast becoming a reality as more manufacturers look at the option of driverless technology and how it can be implemented into vehicles that we could see on the road in the UK. Which is why we thought it might be worth sharing some more information on these autonomous vehicles. A little background and history and even some suggestions on how it could help your business moving forward.
London already has a number of emission reducing strategies in place and has even talked up the prospect of joining the likes of Paris, Mexico City and Madrid in banning diesel vehicles from the city centre. With this in mind, we’ve taken a look at the current situation and how such changes are likely to affect businesses who manage a fleet of vehicles.
The core of any business that relies on getting goods from one place to the next, or even their employees out in full force, will rely heavily on their vans or fleet of vehicles. There is no shying away from the huge benefits these vehicles offer you. Not to mention the money they potentially save you on outsourcing this side of things out to someone else. However, not taking care of your fleet can be disastrous. Which is why it is worth remembering some of the major factors that can help ensure that your van fleet stays healthy and running smoothly. In this day and age, there are still thousands of unroadworthy and unmaintained vans and vehicles on the road that are causing more issues for the UK. Because of this, there is now more funding in place set aside from the government for more roadside checks to be done, and for more vans and trucks to be stopped to check. It is now more essential than ever to ensure that your fleet is up to scratch.
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- Vehicle Theft Protection - What Can You Do To Protect Your Vehicles?
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