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Experts Offer Helping Hand On Company Car Schemes
Mixed car fleet specialists Toomey Opticar are offering businesses expert advice on creating the most efficient and cost-effective company car schemes via its website.
Save Yourself End Of Year Reconciliation Headaches, Says Opticar
Companies running car fleets where cash allowances are offered are still suffering unnecessary pain and avoidable tax bills because of outdated fleet administration systems, which result in last minute end-of-year mileage reconciliations, according to mixed fleet specialist Toomey Opticar.
Car Schemes Can Hit Staff Morale Says Toomey Opticar
Company car schemes that fail to recognise the need for flexibility in the options they offer drivers could be falling short as an employee benefit and even affecting motivation, say mixed car fleet specialists Toomey Opticar.
Milage profiling crucial To Car Schemes, Say Toomey Opticar
Mileage profiling holds the key to businesses looking for the lowest cost route to providing company cars, says mixed fleet specialist Toomey Opticar.
‘One Size Doesn't Fit All’, Says Toomey Opticar
Mixed fleet specialists Toomey Opticar says that businesses are failing to get the best value from company car schemes by trying to run a “one size fits all” model.
Green Budget Won't Reduce Emissions, Says Toomey Opticar
Despite its ‘green’ focus, this year’s address to the Commons by chancellor Alistair Darling, Toomey Opticar’s Jim Salkeld believes it was a disappointing budget for the planet that in reality will do little to reduce CO2 emissions from traffic.
No Simple Answer On Cash Allowances, Says Toomey Opticar
Mixed fleet specialists Toomey Opticar says that businesses need to keep an open mind when considering the best way to pay cash allowances to their drivers.
Case Study
Client: Morgan Est
Contact: Andrea Walton
“Early solutions together” is an approach so central to the way that Morgan Est does business that if forms part of its name: that’s what Est stands for.
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Winter 2008 Newsletter |
White Paper - February 2008
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How Maximising Tax Efficiency Can Significantly Reduce Fleet Costs |
White Paper - February 2008
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Motor Finance Magazine
JFleet planning is an area that demands a lot of attention if unnecessary costs are to be avoided, but seldom gets it. For the small business with maybe a handful of car-enabled employees, it will probably come last in the list of “things to be done urgently” from the accountant, and may never get to the top of the pile. Even larger organisations, with fleets in excess of 100 cars, can be guilty of dragging their proverbial feet simply because it can be so complex. Such inertia can present the fleet funder with some real opportunities beyond the usual rate competition arena, and can win accounts that survive past the next rate review. Needless to say, if it was easy everyone would be doing it.
AMAPS - A review too far?
Jim Salkeld, Chairman of Toomey Opticar assesses the success of AMAPs and suggests that aligning rates with emissions may be unnecessary.
When a change to mileage rates was first discussed back in the late ‘90s, I felt that the move away from AMR (Authorised Mileage Rates) to the proposed AMAPs (Approved Mileage Allowance Payments) was a positive one in most respects, and had clearly been well thought out.
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