He branded savings on this scale as unachievable even in extreme cases, and challenged the view that a PCP scheme left an employee's position essentially unchanged from running an orthodox company car. A number of accountancy practices have developed PCP schemes which use the Fixed Profit Car Scheme (a tax-free mechanism for reimbursing drivers for business mileage covered in their own cars), and savings in employees' benefit in kind tax liability to achieve significant savings.
Tucker acknowledged that companies could make substantial economies by moving away from outright purchase as a fleet acquisition method, but said the logical step was to move to a form of leasing which offered major VAT advantages while maintaining the status quo in the area of human resources. He argued that the introduction of complicated, highly technical fleet acquisition schemes would not produce the promised savings, but would create a personnel minefield.
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