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Cash options and AMAP

It’s a common fallacy that cash options work best for employees with low business mileage, when in practice it’s often the other way around. HMRC’s Approved Mileage Allowance Payments (AMAP) mean you can pay an employee who drives business mileage in their own car 45p...

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Car alternatives Alphabetti Spaghetti

It is frankly astounding how many acronyms we have to describe an alternative to a company car…… but let’s be honest, forget ECO, SECOP, PCH, CSA, MCA, Landed Cost, Cash option, etc, etc; there are really just two that matter, it’s either a company car, or it’s not....

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Mercedes best car? It may be a PHEV…

We think PHEVs have a key role to play in the future of the car. We think HMG are fundamentally wrong to talk about banning them in as little as 12 years’ time. Why? Let’s look at three Merc SUVs; the GLE 3.0d and the GLE 350de & the EQC. The first is a diesel the...

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What is a business mile?

This week, Wile E Coyote helps us to explain how to avoid a £600k unexpected tax bill on a fleet of just 30 company cars.     David and Harvey talk about the definition of a business and private mile, and ordinary commuting. What is a temporary workplace?...

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The accidental private fuel charge

We need to get Barry from his house to our local office to sign a contract (it's about a mile). What’s the most expensive way to do it? Helicopter charter Hire a limo Hire a horse and carriage Ask him to drive it in his company car and reimburse him for the fuel? Well...

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Our P11D Webinar

Our P11D Webinar

We’re delighted to share the recording of our third free weekly webinar, which is brought to you by the letters P and D and the number 11. Yes, it’s P11D! The webinar considers some of the key stats published by HMRC concerning P11D completions in 2017/18 and how...

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Employment Taxes Voice

“Most people entering the tax profession like the fact things change – we have an annual Budget (sometimes more than one!) and the tax playing field never sits still. However, the pace of change over the last 3 years in the company car/employment tax space has been...

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Company Car Tax Update April 2020

Thank you to all that attended our webinar earlier today entitled “Company Car Tax Update April 2020”. As promised the recording of the event can be accessed below. It seems crazy to David and I that we can look back on 2019/20 tax year and say those were the days...

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Tale of Two Jags

Jaguar E-pace vs I-pace. How much CO2 have they emitted so far? These two Jags are built together in Graz, Austria, and will be delivered to customers in the UK after 5th April. They are broadly similar sizes and do the same job. One is “zero emission” the other a 2...

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Electric Future

I believe in electric vehicles. I believe in an electric future. However right now, at the risk annoying some, I believe there is an issue. In 2019, around 38,000 new ZEVs were registered in the UK. Supply issues for the essential ingredients in lithium ion batteries...

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The Chancellor’s Budget, Done and Dusted?

The Chancellor's Budget speech made me giggle, I’d give him 8 out of 10 for the delivery. For the Automotive Sector however, maybe only 3 out of 10 for the content? The news included a reduction in the grant for ZEVs, from £3,500 to £3,000. Even at that rate, the...

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Law Society Car Seminar

Law Society Car Seminar

Delighted with the attendance at our company car seminar yesterday in the very grand setting of the Law Society. It’s the first seminar where we had some WLTP CO2s figures to talk about. And boy is it getting confusing! Add 1% for the escalator, less 2% for the...

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In 2035 will we Really all be in Electric Car?

I like cars, I think they are cool. I freely accept that you may not, and that’s cool too. And as a fan of cars I’m inevitably a fan of electric cars. I read a lot about Jay Leno (the famous US comedian and classic car collector) saying he thought electric was the...

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Battery Supply Issues

So, battery supply issues have hit production of the Jaguar I-pace and Audi etron. Short term issues I’m sure, but the fact remains there’s not enough Cobalt (and other materials) to make anything like the number of batteries BEVs will need, globally, in the short to...

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What’s Happening to Company Car Scale Rates?

Question. When all conventionally engine cars suffer company car tax at the maximum of 37%, what control will HMG have over CO2 emissions? Something interesting is happening to company car scale rates, with the new CO2 numbers starting to roll out now from...

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We Believe in the Road to Zero

We often joke with the audience at our company seminars that our typical client has one Range Rover and 25 hard working Skoda Octavia Estates! If you look at the last 50 reviews we’ve done, the above isn’t too far out. Except the Range Rover is more likely to be a...

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Company Car Seminar Roadshow

Company Car Seminar Roadshow

We’re bringing our company car seminar roadshow to London on the 4th of March, presenting from 9am at the Law Society. This will be our 21st seminar and the feedback from the previous 20 seminars is excellent; overall we average 4.8 out of 5 stars from over 250...

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Limits to the BEV take-up

Limits to the BEV take-up

Back in November I posted about how the limited availability of cobalt and other metals has the potential to limit BEV take-up. UK BEV sales could struggle to rise significantly from a base in 2019 of just 1.6% of all new car registrations. Even with a tripling of...

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The 2035 PHEV Ban

There’s a lot of debate on LinkedIn and in the press about the 2035 PHEV ban this morning. Given we were running our Company Car seminar in Manchester, we decided to discuss it with our audience. Here are the main questions that came up: 1. If you’ve more than one...

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The New Mini Electric

Autocar’s review of the Mini Electric is out this morning and makes great reading. This follows closely on from the reviews of the Honda e and the Peugeot e208. They all sound like they are going to be a lot of fun to drive. It reminds me a little of the 80’s with the...

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Where are all the unsold BEVs hiding?

1.6% of all new cars registered in 2019 were Battery Electric Vehicles (BEVs). That’s just 38,000 units against a total of 2.3m cars sold in the UK. In fact, Jaguar on their own sold more cars (of all types) in the UK in 2019 than the total number of BEVs sold by all...

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Why are people picking on Toyota and Lexus?

Why are people picking on Toyota and Lexus for the phrase “self-charging hybrid?” My taxi home from the station last night was in a Toyota Auris Hybrid estate, which was averaging 78.4mpg. This was around Milton Keynes, which is all roundabout then 70mph then...

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For better or worse?

For better or worse?

Virtually every post I read on LinkedIn seems to claim a new UK sales record for EV, but Last Monday’s report from the SMMT suggests that CO2 emissions from new cars are rising (up 2.7% over 2018, up to an average of 127.9g/km). We believe that tax rules, particularly...

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Are company cars the problem?

Are company cars the problem?

Who looks at the picture above and thinks “company cars are the problem”? HM Government’s focus seems to be in driving all ICE company cars off the road. The scale charge for 1 litre petrol Renault Clio is an unbelievable 24% (25% next year) which means an employee’s...

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The Cobalt Conundrum

The Cobalt Conundrum

You might reasonably argue that the case for electric vehicles is overwhelming. Trust me – 10/15 years from now you’ll pass a petrol station and think “wow, haven’t seen one of those in ages”. So why haven’t we all already got an electric car? There are huge tax...

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Is company car tax is too high?

Is company car tax is too high?

We are constantly telling our clients that traditional company cars are, in many ways, the optimum solution for employees with significant business mileage. And yet the number of company cars on the road is falling, and fast. People who have no choice but to sit in a...

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