Fleet funding - Page 25

Benfield Motor Group and a firm of chartered accountants and tax advisers, UNW, have teamed up to launch a ground breaking tax efficient car benefit scheme for North East employers and businesses throughout the UK.

Tusker has announced that its 100th scheme has now gone live with a scheme for The Royal Wolverhampton NHS Trust, which has some 6,165 eligible employees.

Tusker has been given further financial backing and support by Santander to help fund its expansion plans.

LeasePlan has appointed Matt Schembri as marketing manager for the UK brand.

The number of new cars bought on finance continues to grow strongly, largely due to the deals offered by lenders in car showrooms, according to FLA statistics.

Zenith is predicting that 2013 will be another strong year for salary sacrifice car schemes, having seen its salary sacrifice fleet grow by 70% last year.

Barclays has made a multi-million pound funding line available to Tusker and supported the company with significant asset finance facilities to allow it to fund the expansion of its vehicle fleet.

Expense Reduction Analysts (ERA) are calling on the fleet industry to integrate effective procurement into strategic business planning, to aid their chances of success or survival in what will be an even tougher next 12 months.

Salary sacrifice car specialist Fleet Evolution reports that it has seen a “remarkable” upsurge in business in the last two months.

A recent initiative from salary sacrifice car specialist, Tusker, called StopGap Cars, which is designed to keep its drivers mobile while they await delivery of their new car, has proved to be a resounding success after almost six months, according to the company.

Mid & West Wales Fire & Rescue Service (MAWWFRS) has become the first fire authority in the UK to embrace a salary sacrifice car scheme as part of its flexible staff benefits offering.

BMW produces the most reliable company cars in the UK, according to Fleet News's annual survey of the 50 largest contract hire and leasing companies.

Amalgamation intended to bring further fleet savings in the public sector.

Leasedrive Group is well on target to save eight of its public sector clients over £600,000 in total by year end through its Mycar salary sacrifice scheme.

Residual value management is key to restoring ex-fleet vehicles for re-renting.

Salary sacrifice drivers generally select small engined, low carbon emitting vehicles with frugal fuel consumption, says Tusker, but growing numbers are discovering that premium sector cars also offer excellent value for money.

There has been a great response by the fleet industry for this year’s FN50 Dinner and over 800 guests will be attending the event on the November 6. Are you one of them? If not, you still have time to book to ensure you don’t miss out on a great evening.

The Leasedrive Group has won a four-year contract to supply its mycar salary sacrifice scheme to RSM Tenon who employs nearly 3,000 people across the country.

North Yorkshire County Council has been recognised for having the most effective green and CSR strategy, including its green car salary sacrifice scheme, in the Benefits Excellence Awards organised by benefits provider, Asperity.

Nine out of 10 drivers at a company surveyed by Leasedrive said they would be interested in sourcing a vehicle through its MyCar salary sacrifice scheme.

Warrington and Halton Hospitals NHS Foundation Trust has enhanced the flexible benefits package it offers to all 3,900 staff by adding Tusker’s salary sacrifice car scheme, SS4C, to its flexible benefits portfolio.

Glasgow based leasing and fleet management provider, Fleet alliance, demonstrated the strength of its growing business with a top four shortlisting in the ‘Best Performing Business with over 25 employees’ category in the fifteenth annual Glasgow Business Awards.

ALD Automotive has announced that Soil Machine Dynamics (SMD) has appointed ALD Automotive to provide a salary sacrifice car scheme as part of its flexible staff benefits scheme.

The Newcastle upon Tyne Hospitals NHS Foundation Trust (Newcastle Hospitals) has selected a salary sacrifice car scheme from Tusker, for all 14,000 of its permanent employees to replace its existing scheme.

Roddy Graham, commercial director, Leasedrive, on misinformation about salary sacrifice schemes.

Berkshire Healthcare NHS Foundation Trust has taken delivery of the first three vehicles procured via a salary sacrifice scheme provided by Automotive Leasing, the specialist public sector division of fleet management company LeasePlan, in a sole-supply partnership with Derwent Shared Services.

Home Group, a provider of social housing, has selected the salary sacrifice car scheme, SS4C, from Tusker for all 3,350 of its UK staff.

Tusker has been recognised as one of the most innovative companies in the UK after being shortlisted in the Orange Innovation Award category of the 11th annual National Business Awards for its salary sacrifice car scheme, SS4C.

Drivers put cost considerations ahead of all other factors in their reasons for deciding to acquire a car through a salary sacrifice car scheme and in making their car choice, according to new research from Tusker.

Rugby Borough Council have launched their new car salary sacrifice scheme with Fleet Hire under it’s Car Salary Selector brand.

The Cornwall Partnership NHS Foundation Trust has selected the salary sacrifice car scheme SS4C from Tusker for all its permanent employees as part of its flexible staff benefits offering.

Tusker has won the award for Business of the Year 2012 at the Regional Business Excellence Awards for the products and services it provides to its fleet customers.

AGM sees the appointment of four new members to the BVRLA Committee of Management.

Tusker has hit back at ACFO claims about the level of take-up of salary sacrifice car schemes, saying in its experience it is ‘significant’ and averages 8.3% amongst all eligible employees.

Southend-on-Sea Borough Council has increased the number of benefits it makes available to its 2,000 employees by adding Tusker’s market-leading salary sacrifice car scheme, SS4C, to its flexible benefits portfolio.

ACFO survey suggests real world take-up of salary sacrifice car schemes is lower than providers claim.

Average CO2 emissions for cars ordered under Zenith’s salary sacrifice car schemes have fallen to 112g/km in the past 12 months, which is 9g/km less than the average of 121g/km in the previous year.

Tusker is providing its salary sacrifice car scheme, SS4C, in conjunction with NHS CPC Drive to Salisbury NHS Trust for its 3,000 employees as part of its flexible staff benefits scheme.

Cost efficiencies and stable pricing are the key factors attracting employees to salary sacrifice, according to a survey carried out by Zenith.

Tusker says that it is vital that salary sacrifice car schemes are correctly structured and implemented following the reported findings of a recent tax tribunal.