Monday, 22. August 2011
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Most employers and employees know that there is a tax and NI free allowance payable of 45 pence per mile when an employee uses his own car for work. This applies to the first 10,000 business miles per annum, after that it drops to 25 pence per mile. If the employer only actually pays 20 pence per mile the employee can claim the difference (25 pence Read more »
Saturday, 11. June 2011
I’ve warned about this before but if you are an employer and you have staff who drive their own vehicles on company business you have a responsibility to ensure that the employee is properly insured. Research by Trimble MRM found that more than half of those driving, what are termed, ‘grey fleet’ cars, are not properly insured. This leaves the Read more »
Monday, 9. August 2010
The number of employees using their own cars for business use, known as the grey fleet, has dropped from 42% a year ago to just 28% now. The findings were the result of a survey carried out by Enterprise Rent-A-Car amongst 400 small and medium sized enterprises (SMEs). No reason was given for this dramatic fall, clearly the increase in unemployment had something to do with it, along with the health and safety Read more »