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Highway robbery! Low investment in road network stings smaller businesses

The Government should target the road network for its plans to speed up investment in infrastructure as the poor state of the transport network has cost small firms up to £5,000 over the last 12 months, new figures from the Federation of Small Businesses (FSB) show. 
 

Motorway closures to be reduced (at least in theory)

The Government has announced a strategy to tackle congestion caused by motorway closures and drive down the £1bn annual cost to the economy. This included the launch of a £3m fund for police forces to purchase laser scanning technology to speed up of the investigation process and incident clear up times.

Fuel set to overtake depreciation as biggest motoring cost

Fuel could become the highest pence per mile cost of running a company car in less than five years, says CFC Solutions.

The fleet software industry market leader points out that petrol and diesel prices have risen by roughly 50% in the last five years and there is every reason to expect that they will increase by the same amount before 2016.

Car park scrapes add up

We tend to think of car accidents as major collisions involving thousands of pounds' worth of remedial bodywork attention.

But, in fact, the bump in a car park, the broken door mirror, the ding in the door, are actually the most common type of collisions experienced by firms around the world.

Commuting times driven down by home working and greater flexibility

The fall in employment and the growth of home working has helped to cut average commute times to a 10 year low of 47 minutes and 48 seconds per day, according to a TUC analysis of official figures. Using figures from the Labour Force Survey (LFS), the TUC has calculated that £339 million worth of working time is spent travelling to and from work every day.

How to save tax on a company car

If you had the opportunity to set all, or at least most, of your company car car costs against the business, you would probably take it, wouldn't you, asks Ralph Morton. And if there was the chance to reduce the amount of VAT you pay, that would also be worth considering, too? Especially as the June 2010 Emergency Budget announced VAT would rise from 17.5% to 20% on 04 January 2011.

Well, here's how. It's called contract hire.