CIPD issues guidance on company cars

COMPANY CARS

CIPD issues guidance on company cars

The Chartered Institute of Personnel and Development has revised its factsheet examining current options in company car policies.

The documents is divided into nine main sections:

1. Advantages of providing company cars

• For the employer
• For the employee

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2. Considerations in traditional company car policies

• Who is responsible for company car policy?
• Outsourcing
• What to offer company car drivers
• Company cars and contracts of employment
• Status versus essential user

3. Alternatives to traditional company car provision

• The basics
• Cash alternatives
• Approved mileage allowances payments
• Employee Car Ownership Schemes
• Employee consultation

4. Green issues

5. Health and safety

6. Company cars and fuel as a taxable benefit

7. Workplace parking

8. Congestion charging

9. Useful contacts.

Want to know more?

Title: Factsheet: Company car policies, Chartered Institute of Personnel and Development, revised September 2008.

Availability: To download the factsheet, free of charge, go to www.cipd.co.uk/onlineinfodocuments/factsheets.htm.

The Chartered Institute of Personnel and Development (CIPD) has more than 130,000 members and is the “leading professional institute for those involved in the management and development of people”. To find out more visit www.cipd.co.uk.