STATUS Quality Management System
Proven savings - through disposal of your car fleet.
Our service includes the following:-
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Free initial consultation |
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Free reports detailing savings |
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Free company policy documentation |
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Free board level presentations |
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Free employee literature |
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Free software and installation |
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Free one-to-one employee communication |
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Government policies. Government has established green policies intended to reduce unnecessary travel, penalise inefficient cars and promote cash alternatives to the traditional company car. This has meant an increasingly penal tax regime for company car drivers. It is already more cost effective for most company car drivers to provide their own vehicles. Published taxation increases over the next few years further emphasise the cost disadvantage of the company car. |
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Savings. There is an increasing trend for employee benefits to be removed and replaced with cash alternatives. Our system allows you to do this in a controlled way and at the same time achieve significant cost reductions. As a result of our unique approach savings of many thousands of pounds per vehicle can be achieved. |
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How savings are achieved. At individual employee level our scheme compares the costs of company car provision to provision by the employee. Because the tax system imposes significant costs on both the employer and the employee when a company car is provided, it is usually cheaper for the employee to provide the vehicle. To achieve the savings it is important to take full advantage of all the tax breaks available in structuring such schemes. |
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Who can benefit? This service can be applied to all industries, types of business and business structures irrespective of the number of cars. It doesn't matter whether your car fleet is on or off balance sheet. If you own your fleet then we can acquire it, thus releasing capital, and commence our scheme immediately. Alternatively if you rent, then we can implement the change on normal replacement dates. Either way the employees can choose between their existing company car and a replacement vehicle. |
Services
- Free initial consultation
Free reports detailing savings
Free company policy documentation
Free board level presentations
Free employee literature
Free software and installation
Free one-to-one employee communication