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Cash allowance

Deadline looms for grey fleet tax claim against HMRC

With the deadline of April 5 fast approaching, fleets are being urged to register protective claims now.

Tax and Legislation 28 Mar
Pile of pound coins on top of £5, £10 and £20 notes

HMRC won't appeal cash allowance ruling

HMRC has decided not to launch an appeal after a court ruled it wrongly refused tax relief from national insurance payments paid on car allowances.

Cash allowance 30 Aug
Ian Goodwin, tax partner at Mazars

Could you be due a NIC refund from HMRC?

Ian Goodwin, tax partner at Mazars, offers advice to employers after a court ruled that HMRC wrongly refused tax relief on car allowances.

Cash allowance 29 Aug

HMRC loses cash allowance appeal | Ruling impacts grey fleet payments

HMRC faces having to refund millions of pounds in tax to employers after wrongly refusing relief from national insurance payments paid on car allowances.

14 Jul
Row of cars

Willmott Dixon wins grey fleet cash allowance claim against HMRC

Wilmott Dixon has successfully argued that car allowance payments made to its employees was ‘relevant motoring expenditure’.

7 Feb

Alphabet launches new PCH platform for cash-takers

Alphabet GB has launched Alphabet Motion, a new Personal Contract Hire (PCH) platform developed to suit corporate customers.

PCH 7 Jan
Forecourt fuel pumps

Electric vehicles spark company car return, says Arval

Cash-takers are returning to company car schemes in “noticeable” numbers thanks to the attractiveness of electric vehicles (EVs), reports Arval UK.

electric and hybrid vehicles 15 Dec
Plugging in electric car

Fleet200: Tax incentives steer trend back towards company cars

Grey fleet has been growing, but the low BIK on BEVs may reverse that

14 Oct

A third of fleets fear drivers will choose cash over car

More than a third (36%) of fleet decision-makers believe company car drivers will want to take a cash allowance rather than a company car.

28 Aug
electric vehicle funding, plug-in car grant

The company car fights back against cash allowance

The company car sector looks set to grow again. Andrew Ryan looks at the reasons for this and how fleet decision-makers can help ensure its future success

Fleet funding 6 May
Clive Buhagiar

Doing the maths on vehicle maintenance

By Clive Buhagiar, head of operational services at Alphabet (GB)

20 Aug

HMRC BIK statistics suggest dramatic company car decline

But tax office says new pay reporting option could have skewed figures, with fall much less than suggested.

27 Jun
Fleet200 June 2019 roundtable debate

BIK uncertainty and PCP/PCH schemes fuel cash allowance popularity

Fleets have seen an increasing number of drivers opting out of company car schemes to instead take cash allowances.

24 Jun
Fleet news logo

Fleet News webinar: How is the evolving mobility agenda supporting businesses today?

This webinar will look at the driving forces behind the rapid development of new mobility solutions and assess which options might be right for your business.

23 May

ACFO calls for better grey fleet management as numbers rise

Licence Check is backing a call by fleet body ACFO for enhanced grey fleet management services due to a rising number of grey fleet drivers.

16 Apr
Mike Moore, director of Deloitte

'Don't ignore fantastic benefits of company cars in rush to offer cash' - Deloitte

Organisations should not rush into offering drivers cash allowances without considering the benefits of a company car, warned Mike Moore, director of Deloitte.

10 Apr

Cash-takers put sustainability agenda at risk for employers

Employees in increasing numbers are opting to take cash in lieu of a company car amid year-on-year rises in company car tax, risking the Government’s green agenda.

1 Apr
FN50 2017 supplement cover

PCH and salary sacrifice fuel record levels of funding, despite new car sales dip - FN50 2017 analysis

For the first time, the five biggest leasing companies account for more than one million vehicles. They now fund 61% of the cars and vans in the FN50.

7 Nov
Fleet200 breakfast debate

Fleet200 roundtable discussion: changes to VED, BIK, lease rental restrictions and cash/car allowances

The possibility of the company car being labelled ‘outmoded’ and only being provided to essential users was put forward by one fleet decision maker at the March 2017 Fleet200 breakfast meeting.

4 Apr

Policy compliance with new salary sacrifice rules will be a ‘real challenge’

Delegates at ICFM Masterclass warned by Dan Rees, associate director, Deloitte Car and Mobility Consulting, that policy compliance is going to be a challenge.

27 Mar

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