Working with clients to realise significant cost savings.

Company cars represent a significant relative cost for all businesses whether you are managing a fleet of 5 or 5,000 vehicles. Whether you are looking to expand your fleet or are considering replacing vehicles with a cash alternative, an ideal scenario would be to enhance the perception of the benefit in employees' eyes whilst also looking to reduce costs.

Many organisations have, or are developing a "green agenda" – taking measures to reduce waste and minimise or neutralise their carbon footprint. Our advice can incorporate this key principle and help businesses align their company vehicle strategy with a commitment to the environment, safety and social responsibility, whilst providing a genuine benefit to your employees.

If you are simply considering leasing or buying vehicles, seeking to determine the replacement cycle of your fleet or looking to achieve cost savings to the business we can help. Our car specialists are able to review your current arrangements, analyse and recommend alternatives and develop a fleet design which is robust, financially efficient and maximises the opportunities available. Typical savings for most businesses are in the region of £1,500 over the life of each company vehicle.

Private Fuel Consulting

Our consulting enables employers to save costs while providing the same perceived benefits to employees. That is to say, employees can retain the use of their fuel cards and are left either in a cost neutral position, or are better off in cases where employers choose to share the savings generated.

The essence is that the employee agrees that the current income tax deduction, which he or she is suffering on the benefit of the private fuel received, is retained by the company. This is possible because the scheme takes away the requirement for the employer to declare a fuel scale charge on the employee's P11D return. This deduction is used to pay for private mileage, but any excess is repaid to the employee after the end of the tax year (depending on the level of private mileage driven by the employee).

Savings are achieved for the company because it no longer pays for the full provision of private fuel for company car drivers, and Class 1A NIC is no longer due on the provision of this benefit in kind. The net impact can be a significant annual cost saving for the company without disadvantaging employees. The scheme may also be designed to give all employees a cash incentive to participate.

Savings for the employer will typically range between £500-£1,500
per car per annum.