Prestige Car Drivers To Pay More In BIK Tax

Thursday, 21. April 2011

Enzo Ferrari

Image via Wikipedia

One of the smaller changes to the benefit in kind tax rules following the budget was the removal of the upper limit when applied to company run prestige cars. In the past there was a limit placed on the list price used when calculating personal benefit in kind tax of £80,000. This has now been removed so taking a Bentley Flying Spur as an example with Read more »

Wealthy Drivers That Refuse To Pay Parking Fines Revealed

Tuesday, 14. September 2010

Bugatti Veyron
Image via Wikipedia

Moving on to legitimate parking fines, it turns out that local authorities may follow the Westminster council lead and name and shame the worst culprits for not paying their fines. It seems that some of the worst culprits are the very wealthy and Westminster has taken the unprecedented step of announcing the worst offenders on it’s website. It would seem that many of those that refuse to pay the fines are Arab Read more »

Graham Hill, Car Finance Expert Explains How Drivers Can Save Fuel

Friday, 2. April 2010

Even without the full increase in fuel duty we are seeing a constant increase in fuel cost. Petrol rose by 23% (21 pence per litre) last year whilst diesel increased by 13% (13 pence per litre) and we have already seen fuel increase by about 8 pence per litre this year. On average petrol increased every 2 weeks and as the increase was spread over the year it hasn’t led to serious discontent. But with fuel set to rise Read more »

Car Leasing Expert, Graham Hill, Explains OBU Insurance

Saturday, 13. March 2010

There has been an increase in the number of employees who have either opted for cash for cars or been expected to use their own cars for business in exchange for a cash payment. Either way there is a responsibility on the employer to ensure that the vehicle is roadworthy and properly maintained as well as properly insured for business use. There is a grey area for employers who, in the event of an accident, in Read more »

Are Drivers Properly Insured For Business When Driving Own Cars?

Friday, 26. February 2010

There has been an increase in the number of employees who have either opted for cash for cars or been expected to use their own cars for business in exchange for a cash payment. Either way there is a responsibility on the employer to ensure that the vehicle is roadworthy and properly maintained as well as properly insured for business use. There is a grey area for employers who, in the event of an accident, in Read more »

Use Of Mobile Phones Whilst Driving At An All Time High

Sunday, 21. February 2010

Mobile phone use, whilst driving, has increased to levels reached before legislation was introduced in 2003, according to observers working for the Department for Transport. I don’t mean hands free I mean using a handheld phone. The observations were made between 2008 and 2009 and show an increase of 27%. The worst offenders are van and lorry drivers. Observations were made at various sites in the south of Read more »