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Optifleet Receives The Thumbs Up

Toomey Opticar is delighted to announce that its latest fleet solution product has received endorsement from a leading industry expert.

Tax consultant Alastair Kendrick, who is well known within the sector for his extensive company car expertise, has liaised with Opticar throughout the development of its new Optifleet solution.

Optifleet provides a unique solution for fleet managers by offering a mixed fleet approach, combining both company car and employee car ownership (ECO) schemes dependent upon the individual driver’s mileage. 

Alastair Kendrick comments: “It is commonplace for fleet managers to assess their fleet as a whole and decide between either company cars or an employee car ownership scheme. However, neither option individually will provide a truly tax efficient solution as the driver mileage profiles within the fleet can be so varied.

“Whilw the best option financially is to adopt a mixed fleet strategy so that each driver can be offered the most tax and cost-efficient vehicle choice, based on business mileage, the administrative burden that comes with managing it in-house is often the reason not to.

“In addition, it is common knowledge that HM Revenue & Customs (HMRC) is actively looking at traditional ECOS, specifically at issues surrounding the way that tax relief is claimed against business mileage.

“Optifleet therefore steers employees to the least-cost option at the point of car selection, based on individual mileage profiles and personal choice, and manages their driving experience thereafter by using technology and tax savings to reduce fleet costs, all fully in compliance with HMRC.”

For more information contact Opticar on 01582 518181.