Guide to company cars and business travel

COMPANY CARS

Guide to company cars and business travel

Company cars continue to be a popular benefit among employers and employees alike. However, to help control costs, some organisations now offer cash alternatives or give staff the option of purchasing their own private vehicle through an employee car ownership scheme. That’s the main conclusion of a recent report by Incomes Data Services.

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Within their broader business travel policies, IDS finds that employers are continuing to focus on reducing costs and ensuring compliance while also seeking to promote “greener” methods of transport among staff.

What you will find in this report

This 27-page report by IDS is divided into four main sections:

1. Analysis:

  • A brief overview of the key issues.

2. Company cars:

  • financing the fleet

  • company car taxation

  • allocation and choice of car

  • cash alternatives

  • employee car ownership schemes.

3. Business travel:

  • travelling by car

  • taxation of mileage allowances

  • rail travel

  • air travel

  • subsistence allowances

  • workplace travel plans.

4. Company practice:

  • Details of the company car policies and business travel arrangements in 17 named organisations.

Want to know more?

Title: “Company cars and business travel”, IDS HR Study 866, March 2008.

Availability: An annual subscription to IDS HR Studies brings you two issues a month (24 a year). These include all the expanded StudyPlus titles and quarterly HR Updates as they are published. It also offers full access to IDS HR Studies Online.

Take out a subscription online at www.e-commerce-suppliers.com/dpClient/onlineorders/studiesservice.jsp.

Incomes Data Services is the “leading UK information and research service” on employment issues, providing a range of publications for employers, trade unions, government departments and other agencies. To find out more visit www.incomesdata.co.uk.