company car

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And the survey highlighted that company cars are being utilised to the full, with the average driver travelling 235 miles a week or nearly half a million miles over the course of their career.
A survey of UK company car drivers commissioned by Go Ultra Low, a joint Government and automotive industry campaign, found that only 25 per cent of businesses currently offer electric company cars to employees.
Furthermore, company cars were shown to be a powerful way for businesses to retain staff, with almost two thirds of respondents saying they would be more likely to stay in a job if given a set of work wheels.
Thus, if you provide company cars to one or more employees, you might consider leasing rather than the traditional purchase arrangement.
In the case of company cars, usage tumbled by 18% between 2006-7 and 2010-11, from 1.16m to 0.95m workers.
"With company cars, there is a treatment for the company and then a tax consequence for the employee.
The last decade has seen a surge in businesses providing cash alternatives to company cars for employees.
CRIPPLING tax liabilities on employees with company cars is now so severe that millions are handing them back and buying their own - with serious consequences for the majority of ordinary motorists on a budget.
EXECUTIVES want more company cars even though fuel prices are cutting their mileage, a survey has revealed.
Changes to the taxation of company cars across Europe mean businesses with high CO2 emission vehicles in their fleet will face higher costs, increasing demand for low emission vehicles.
NEARLY half of Britain's company cars are provided as a perk rather then being essential for the job.