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Private fuel, call to action.
If you, or any of your employees, have the benefit of private fuel in a company car you have a couple of months to save yourself what could easily be thousands of pounds. The tax charge on private fuel is fixed, based on the car’s CO2 and potentially engine type. As...
Hyundai to replace 82,000 batteries in EV recall
This is big news isn't it? Is it a complete replacement of 82,000 batteries or can they be repaired and reused? In 2019 the UK registered 38k BEVs in total, in 2020 is was 108k. So 82k replacement batteries is a huge number, and presumably a massive logistical...
Let’s be careful out there
Driving is harder than I remembered. In fact, I confidently predict a rise in accidents as people who’ve been stuck at home return to the roads post lock-down. The actual driving of the car is ok. Like riding a bike, you might say. It’s those other three banes of...
Plans for parking key to cutting emissions?
If we really want to get people out of cars and into public transport we need to think about where they park those cars. There seems to be a view held by Government, and in particular in Local Government, that ALL car use is bad and should be made as difficult as...
P11Ds for 2020/21, DO panic
“Company Car Tax in the UK in 2020/21” is an unlikely title for a Douglas Adams novel, but his humour helps make sense of the ridiculous situation we find ourselves in. Do you remember the answer to the Meaning of Life? 42. The problem was nobody knew what the...
The market for replacement EV batteries?
Can I ask a question please? I’d really like the an electric car. But would I get one? They tend to be expensive and many boast realistic ranges of just 200 to 300 miles, or even less. So would you spend a load of money on it only to find that the same performance is...
P11D season is coming and it will be the hardest one yet
David Chandler and I have spent much of the last twenty years developing software to complete forms P11D, and we think this coming season may be the hardest yet. Consider company cars where the rules are now near comically complex. Was the car registered before or...
SMMT 2020 statistics
2020 was a disastrous year for many, and in particular the UK motor industry. The SMMT have today issued their registration stats for the year which show an overall decline of 29.4% compared to 2019 (2.31m versus 1.63m in 2020) We summarise the key data in the table...
A walk in the park
Went for a long and enjoyable walk on Christmas Eve around the Deer Park at Woburn, in the pouring rain. On the way back we walked through Woburn town. It’s a narrow road through the town, with cars parked along one side, a 20mph limit, and traffic can only go in one...
Toyota’s Solid State Batteries, coming to save us all
I don’t think it’s too much of a stretch to suggest that the western world has bet its automotive future on a technology that does not really exist. It’s like a movie where the fate of the world rests on finding the answer to a riddle. Lithium Ion is an amazing...
435 mile range for VWs ID6 BEV
VW's ID6 will apparently travel up to 435 miles, courtesy of its 84kWh battery, when it launches in 2023. For me that's Manchester and back on a single charge, with range to spare. Game on! 200kW charging means you can add 143 miles of range in just 10 minutes from a...
Should you take the company car or the cash?
The bottom line is that it’s partially about tax rules, but it’s also about how generous the cash is. If someone offers you, say, £10k pa rather than a VW Golf then probably just take it. However, if the cash allowance has been set appropriately (i.e. cost neutral to...
Supply of EV’s is far outstripped by the demand for them
In the grand scheme of things it matters not a lot that we put a huge effort into our response to Boris’s consultation on banning ICE cars this summer; there was a paper and a webinar and a fair few articles. I’d be lying though if I said we weren’t a tad peeved that...
Why the impressive Renault Clio E-Tech will be ignored
The tragedy of cars like the new Renault Clio E-Tech is that they'll be ignored in favour of cars that are much heavier, expensive and ultimately more damaging to the environment. If you read the article (link below) you can’t fail to be impressed by how much has been...
Can we try to focus on creating more CO2 efficient cars?
There are around 33 million cars in the UK and they average over 8.3 years old. In a normal year, around 2.3m new cars are registered. This year, maybe 90k of these will be fully electric, because that’s all the UK will get. To put that in context there are 160k...
Brexit impact on car materials
After years of arguing, Brexit is getting very real. We understand BMW have announced an increase in RRP of just over £3,000 effective 1 January on the I3. This is due to changes in the “Product Specific Rules of Origin” legislation pertaining to the maximum permitted...
Boris continues with ban on petrol and diesel cars from 2030
So Boris has gone ahead with his ban on petrol and diesel cars from 2030 (and PHEVs from 2035). We did respond to the original consultation to point out that we believed a ban would be both counter productive and unnecessary. I can't imagine we were the only ones. I...
Harvey talks to Fleet News and private fuel and P11Ds
Harvey shares his view with Fleet News on the latest P11D stats and what they mean for people taking the “benefit” of private fuel with a company car...
The challenges in creating smaller EV batteries
Here’s a link to another (excellent) article that talks about the need for OEMs to focus on smaller EV batteries to cut real world CO2 emissions, and the challenges this creates for those seeking cars with longer ranges. I’d read before about Mazda’s MX-30 with its...
Discussion on salary sacrifice schemes for EV’s
Harvey talks to Allstar Business Solutions https://lnkd.in/dWfPvQq
Renault removes diesel engines from all models except Megane
I find myself wondering if Renault's decision to withdraw diesel engines is being driven by the environment, or by difficulty in getting these engines through RDE2? I guess it’s a combination of both, does anyone know? The resulting impact on the environment, I think,...
Honda calls on government to support hybrids
Credit to Honda for this message to the UK Government, which many in the industry will privately agree with. There are, of course, different perspectives here, and there may even be some that will see this as an attack on BEV. But it is not, its a plea for pragmatism....
Boris Johnson and his advisors
We totally support the drive to EV, BUT Elon Musk thinks global battery supply won’t even get close to meeting demand in the short to medium term. Presumably Boris Johnson is being briefed that it will. Polestar think that one of the most advanced BEVs available will...
P11D stats updated (finally!)
HMRC have finally shared benefit in kind stats up to the end of April 2019 which show us that 870 thousand company cars were reported in 2018/19. The overall tax and NIC take by the exchequer rose to £2.46bn. These remain provisional numbers. This includes cars that...
Hybrid ban from 2030?
I don’t know about you, but I dread reading the news every morning. I think we’re living in what the old Chinese curse would call “interesting times”! Right in the middle of all of this chaos the Government appear to be leaking that the hybrid ban will come in 2030,...
Polestar and Life Time Emissions
How impressive are Polestar? The new car is clearly a winner. And now they’ve put out their own Life Cycle Assessment of emissions comparing the Polestar 2 to a Volvo XC40 Petrol. This is a complex area and I’ve already read arguments on here disputing Polestar’s...
Changes to VAT on car contracts
I wouldn't normally post about VAT, however, this has potential to impact leasing companies and funders... HMRC have amended their guidance on the VAT treatment of early termination fees and compensation payments which could have a serious and wide spread...
Traditional petrol or diesel company car option; lease one, pay for two
An employer wants to spend around £40k (before discount) on a car for an employee. What’s the cheapest option for both parties? If you can find one the answer, by a clear margin, is a fully electric company car. We’ve reviewed 3 similar cars, two BMW 3 series (a...
Can we talk about Electric Vehicles?
Read a “car crash” of an exchange on LinkedIn this morning between an advocate of EV and someone worried about the supply of Lithium (and presumably other materials) for batteries. It was all there, disagreement yes, but conflicting data presented as facts, emotion...
The UK car market 2019; how does it compare to the rest of Europe?
This is our third post on the size of the UK car market and how it compares. This time we’re looking at Europe. Europe registered 15.75m cars in 2019 (up 1.1% from the 15.58 in 2018). Germany had the most registrations in 2019 at 3.61m (up 5% from 2018), the UK was...
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