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OUR SOLUTIONS

We advise employers in a number of related areas around employees, employment tax issues and employee benefits. In several of these areas, we have developed innovative software interventions which solve real problems for employers.
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NEWS

See below for our most recent news, articles and reports

How many cars didn’t sell in 2020 and 2021?

1.5 million cars. You could argue that’s how many DIDN’T sell in the UK in 2020 and 2021. This is comparing the average of 2.4m for the three preceding years to the 1.6m registered in both 2020 and 2021. If we assume the cars we didn’t buy cost an average of £30,000...
How many cars didn’t sell in 2020 and 2021?

How many cars didn’t sell in 2020 and 2021?

1.5 million cars. You could argue that’s how many DIDN’T sell in the UK in 2020 and 2021. This is comparing the average of 2.4m for the three preceding years to the 1.6m registered in both 2020 and 2021. If we assume the cars we didn’t buy cost an average of £30,000...

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A look into the cars registered in 2021

A look into the cars registered in 2021

Clearly we need to be careful reading too much into 2021 UK new car registrations given the crazy year we’ve just had. A combination of COVID and chip shortages meant that overall only 1.65m cars were registered, slightly up on 2020 but well short of “normal”. In...

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Government cut the plug-in grant

Staggered to report that the Government has cut the plug In grant to £1,500 (from £2,500) for cars costing £32,000 (down from £35,000) or less with immediate effect. We’ve posted three times in recent weeks about the need to keep the pressure up to get people to...

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Our projected growth in BEVs

Our projected growth in BEVs

Approx 1% of the 31.7m cars on the road in the UK are now EV. 15% of cars registered in October were EV. At this rate of change, it got us speculating at HRUX how quickly we’d see the average car on UK roads being electric? We've produced the forecast below which...

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Fuel duty has dropped

Fuel duty has dropped

HMRC have published the fuel duty receipts to April 2021. Not surprisingly, given the pandemic, it's down year on year, but the amounts involved are eye watering. If you look at just the fuel duty the country lost £6.64bn in 2020/21. Add in the related VAT and the...

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EV Cars Outsell Diesel

EV Cars Outsell Diesel

EV cars outsells Diesel (inc. MHEV) in October 2021 at 15% versus 11%. The graph below analyses SMMT new car registration data in each October for the last 6 years by fuel type. Interesting to note how petrol (again inc. MHEV) is hanging on it there. Increasingly we...

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SMMT registrations show a rise in EVs

SMMT registrations show a rise in EVs

Analysis of the SMMT registrations stats to the end of October shows the ongoing rise of the electric car, with sales nearly double that of the same period in 2020. Registrations of PHEVs are up 90% and BEV 86%. Diesel, including MHEV, is down a colossal 24%, with the...

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Thoughts on the Net Zero Strategy

Thoughts on the Net Zero Strategy

Facts, facts, facts. It’s where we always look first. So we were interested to dig a little into the Net Zero Strategy: emissions taxonomy to better understand where the UK’s CO2 emissions are coming from. The graph below shows the split and you can see that transport...

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Copyright © 2019 HRUX. All Rights Reserved. Privacy Policy | Cookie Policy