Vehicle Leasing News | Our Blog
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Company cars for essential users
Published
3rd Oct 2020
If your business runs company cars for essential users, then you might be left rather nonplussed by the raft of electric vehicle (EV) announcements.
Do EVs really work for an essential user? What about charging up the battery en route? What happens to the range when you put a big box of tools and spares in the boot? We're sure these are the sort o ...
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Geofencing technology turns your vehicle green
Published
14th Sep 2020
Geofencing technology has been available with fleet telematics for many years, but now it's becoming central to both cars and vans as a standard fitment.
That's important for businesses operating in Clean Air Zones (CAZs) - or those that will be operating in CAZs once they have been implemented. Because geofencing can ensure your plug-in electric ...
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Average mileage of 8.4 miles makes EVs and PHEVs suitable for business
Published
10th Sep 2020
The average trip undertaken by a car in 2019 was just 8.4 miles, according to the latest statistical data put together by the government in its National Travel Survey 2019 .
Average trip mileage has been declining since a peak in 2002, suggesting that electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) would be ideally suited for ...
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Volkswagen switches to more tax efficient diesel engines
Published
6th Aug 2020
Volkswagen is switching its entire range of diesel cars over to the more tax-efficient RDE2 versions.
RDE2 compliant clean diesels escape the 4% surcharge applied to diesels for company car tax purposes, and will be welcomed by companies that still require high mileage diesel vehicles for business purposes. These engine changes - most significant ...
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Hyundai supports business with improved supply of EVs
Published
29th Jul 2020
Hyundai has made a commitment to increase the supply of electric cars (EVs) to the UK which will help businesses wanting to make the switch to zero emission driving.
The benefits are significant for business drivers: there is 0% company car tax this financial year, increasing to 1% and then 2% until 2024/25. Hyundai has confirmed that it will supp ...
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The tax benefits of business contract hire
Published
28th Jul 2020
Business contract hire is already a useful way to acquire a company car without using valuable cash reserves to purchase the vehicle.
But did you know that in addition to the cash flow benefits, there are many tax advantages to business leasing as well? These extend to both the company and the driver if ultra low emission vehicles are chosen. Gene ...
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