Electric Vehicles to get business mileage rates
AT last, it appears that HMRC has eventually recognised that company car drivers in electric vehicles need to have their own business mileage rates – or AFRs (Advisory Fuel Rates).”
And that’s thanks very much to the ACFO organisation of fleet operators that has diligently campaigned for a specific EV rate with HMRC.
The new EV company car business mileage rates will be introduced from the beginning of September. The new rates will be know as Advisory Electricity Rates.
ACFO Chairman John Pryor said “this change is a major leap and will assist all fleets operating and seeking to introduce pure electric cars.” For more on this story – go here.
Van VED reform could hurt small businesses
I don’t think anyone thinks that reforming van VED to encourage lower emission van choices is a BAD THING.
Far from it. The Government is currently in consultation on the matter: it wants to bring van VED in line with car VED, ie base it on CO2 emissions.
This has its problems, as industry and business bodies – the BVRLA and FSB respectively – have pointed out: lack of choice.
And the fact that the proposed VED system would actually encourage older vans…
Choice is certainly an issue. But I also think lack of communication is another. Most small traders hardly travel any distance in their vans because their work is local. Making them ideal candidates for electric vans. But rarely do I see the benefits of lower cost, customer recognition and so on spelt out to them. It’s a real opportunity for EV makers. More on the VED topic here.
Energy Saving Trust adds electric insight to Leasing Broker Conference
This year’s Leasing Broker Conference, being held at the National Motorcycle Museum, is shaping up to be a real humdinger.
One of the keynote topics for discussion is managing the transition of businesses and fleets to electrified business motoring.
While While James McKemey, Head of Insights at Pod Point, will deliver the keynote speech, I’m delighted that Ian Featherstone, Fleet Advice Manager at the Energy Saving Trust, will be joining our discussion panel.
The Energy Saving Trust has already assisted many enterprise to a low emission future, and Ian’s experience will provide additional insight.
Three ways to recognise an online used car scam
Scary what these scammers can get up to. It doesn’t what area of business you are in, sure thing there will be a scammer somewhere trying to part you illegally from your money.
In Motor Trade News this week, editor Chris Wright reports on three tell-tale signs you’re trying to be scammed online when buying a used car. Don’t get caught out – more here.
Analysis of a company car winner
THE MINI has got into a winning habit – taking the Best SME Compact Company Car in our SME Company Car of the Year Awards for three successive years.
But what makes it such a winner with our independent judging panel?
We’ve had a look at why the car is such a business motoring success story for the SME sector in our story Why MINI’s a winner as best compact company car.