3 Steps to controlling and reducing your Fleet & Business Mobility spend in 2021!
Did you know that the typical company vehicle costs a business over £8,000 a year?
One of the key questions we get asked more and more at LetsTalk is whether it is possible to remove company cars altogether given the significant recent (and future!) increases in company car taxation which are impacting both drivers and employers.
The answer is of course yes and there are often significant savings to be had by utilising tax efficient mileage payments however any scheme needs to be carefully planned, costed and modelled out to ensure costs are controlled in the future.
In our experience the savings can be up to 20%-30% against a traditional comparable fleet scheme no matter how large or small the fleet is.
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We can review your individual business' requirements factoring in:
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Incorporate all factors including allowances, BIK and mileage
Significant savings against traditional company car scheme
Detailed financial modelling
Implement future controls to crystalise savings