Fleet News

Cash allowance licences offered

THE Miles Consultancy is offering two licences to the leasing industry to sell its new service, called the 'Cash Allowance Scheme'.

The firm claims it can save companies that pay cash allowance in lieu of a company car more than nine pence for every business mile travelled, using a system based on the Authorised Mileage Allowance Payment system.

The firm has spent more than three years developing the scheme, which is online and offers employees a self-service package. It also allows the company to publish documents and links within a secure environment.

Paul Evans, business development for the Miles Consultancy, said: 'We are currently talking to a number of leasing and fleet management companies. The two licences will go to forward-thinking, proactive companies.'

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