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COMPANY CARS v CAR ALLOWANCE?
The Chancellor is committed to increasing company car fuel tax by 20% p.a. above fuel inflation in the coming years and April 2002 brought the new CO2 emissions basis of charging car benefit tax.

Many employees are starting to feel ‘trapped’ by the rising tax burden and employers are trying to find effective ways to avoid spiralling costs.

However - there are options available to both your employees and your company.

Leasing Options Fleet Management have access to put together a package to help overcome these issues and provide a win win situation for companies and company car drivers.

Leasing Options Fleet Management package solution outlines alternative options and how to save potentially an average £10,000 for each fully expensed company car over the next three years - and give employees flexibility and choice.

The process not only provides practical solutions to the company car dilemma but also gives hands-on support in implementing the savings and your new fleet policy.

It includes:

  • Car Allowance Schemes
  • Evaluating the current fleet & each employee/car in the form of a written report
  • Produce an overall coordinated strategy to identify potential savings
  • Design of a new cost effective, efficient “Travel Policy”
  • Prepare employee communications and briefings
  • Manage transition from current “Company Car Scheme” to “Car Allowance Scheme”
  • Fleet manage (sourcing, financing, maintaining, insuring, etc) the new fleet for the employees in accordance with the new company “Travel Policy”
Please note: Leasing Options Fleet Management offers corporate discounts & finance rates to employees who are members of a Leasing Options Fleet Management Car Allowance Scheme.
DUTY OF CARE/ HEALTH AND SAFETY

It is estimated that up to a third of road traffic accidents involve someone who is at work at the time. This may account for over 20 fatalities and 250 serious injuries every week. Some Employers believe incorrectly, that provided they comply with certain road traffic law requirements, e.g. company vehicles have a valid MOT certificate, drivers hold a current drivers licence, this is enough to ensure the safety of their employees when they are on the road. However health and Safety law applies to on-the-road activities as to all work activities, and the risks should be managed within the health and safety management system.

It applies to any employer, manager, supervisor with staff that drive on business, it applies particularly to those in fleet management.

LOFM work closely with the Department of Transport, the HSE and the AA so are qualified to advise and give guidance on the benefits of managing work related road safety, Duty of Care covering the Health and Safety at Work regulations 1999 and how it applies to your business.

Some of the main areas of responsibility are:

  • Your legal responsibilities
  • Managing work related safety
  • Policy
  • Maintenance & Servicing
  • Insurance
  • The vehicle appropriateness
  • The drivers competency
  • Risk assessment
  • Hours driving per day/week
BVRLA
Leasing Options Limited
is authorised and regulated
by the Financial Conduct Authority