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Innovation in Electric Car Design
I took this photo at the Geneva Motor-show a couple of years back. It’s the all electric Microbus that VW have been threatening to make for a couple of years now. We need cars like this. There’s something a little sad about EVs built to look like current petrols and...
UK Car Market: How does it compare globally?
In this second post about the UK car market we’re sharing some stats about the size of the market, the percentage of BEVs registered, and how we compare to the rest of the world. China bought almost half of all the BEVs sold in the world in 2019, at 1.1m units. That's...
the increase in weight of cars
When I was a toddler my mum and dad had a mk1 Ford Cortina, the car that become the Sierra and is now the Mondeo. But did you know that the current generation Fiesta is around the same size as that Cortina and weighs 250kg more? As another example, a VW Up 5dr is...
In the real world, is this one of the most environmentally friendly cars on sale in Europe?
In the real world, is this one of the most environmentally friendly cars on sale in Europe? Ladies and Gentlemen; introducing the brand new 2020 Toyota Yaris Hybrid. With its new smaller but more powerful Lithium Ion battery pack, this “self-charging hybrid” emits...
How old is the average car in the UK?
How old is the average car in the UK? It’s 8.3 years and that’s been getting worse every year since 2005. This is the first in a short series of posts about the UK car market, its size, age, fuel mix and how it competes with other countries.... The graph on the left...
HRUX’s formal response to HMG’s consultation on banning petrol, diesel and hybrid cars
If you’d like to read our formal response to the consultation please follow the link below to download: https://hrux.co.uk/project/company-car-services/ There was a webinar where we walked through the response in high level, and this can be viewed from:...
Moving the goalposts
In 2002 Gordon Brown changed the way company car tax worked to encourage fleets to focus on cars that emitted less CO2. Under NEDC, as it was then, a car that emitted less than 169g/km attracted the lowest rate of just 15%. Year on year OEMs knocked it out of the...
The future for company cars; the definitive view
We have reached a fork in the road for company cars. Only you know if your employees are happy paying tax on 2, 3 or more times the employer’s cost of providing a company car. After all, 1 in 6 people still pay tax on private fuel provided for a company car; despite...
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...
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....
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...
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?...
Why PHEVs make so much sense for a company car driver
It can still be a little difficult to get information on the electric only range of a PHEV. The range is important because, in the UK, it now drives the company car liability and this can be very low. For many company car drivers, PHEVs are now a very attractive...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
HRUX announces the inaugural company car CO2 Olympics!
And stood on the podium we have: GOLD – anything with zero emissions (Tesla, Mercedes EQC, Mini Electric, etc). And your prize? Zero company car tax and class 1A NIC in 2020/21, a full CT deduction and 100% First Year Allowance (if the cars are purchased). SILVER –...
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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