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Revealed. The UK Treasury’s short-sighted £1 billion tax raid on company car drivers

UK government tax policy hits company car drivers unfairly. And whatever the government tries to suggest, it’s got very little to do with protecting the environment. That is TMC’s conclusion from our review of changes affecting company car drivers in the last four Budgets. Thanks to which, company car users will pay around £550 million more tax this year than they would have expected four years ago. Most of the extra burden will com

This week’s company car tax changes are no April Fool’s joke.

With steep increases in UK company car taxes just around the corner, there is only one question the fleet industry should ask about the government’s BIK strategy. How did it go so disastrously wrong? Back in 2002 when the government launched the CO2-based BIK system, it called it “a fundamental, revenue neutral, reform of the taxation of company cars, to help protect the environment.” It was designed to offer company car drivers a

TMC win Van Fleet World Award for Best Technology

We are delighted to have won the Van Fleet World Award for Best Technology at today's event in Twickenham. Here's what the Judges had to say: “Harnessing data from multiple fleet service providers to assess fuel use can be a real headache for a fleet manager,” said Dan Gilkes, editor of Van Fleet World. “TMC has created Fuel+, using fuel, telematics and journey data to reduce fuel costs, provide visibility over fuel usage and to i

Hydrogen and natural gas bid for attention as fleets head for a multi-fuel future

European Fleet has been more or less a one-fuel business for so long that the prospect of having to manage as many as seven fuels in a few years’ time might seem far-fetched. But with no single fuel type or drivetrain technology ready to fill the growing vacuum created by the reduction in new diesel vehicles being deployed within fleets, a multi-fuel future is looking increasingly likely. Alongside its’ sad warning that the obvious gove

Álvaro Bonnardeaux steps into new European role as TMC continues international expansion

TMC have appointed Álvaro Bonnardeaux to the newly-created role of International Sales, Market Director for Belgium, France, Germany and Spain in response to growing international demand for its consolidated fleet and fuel solutions. Álvaro has more than 20 years' experience in sales and business development, management consulting in eight countries on three continents. "I am delighted to be joining TMC at this exciting time in its developm

Double win for TMC at the Fleet World Honours

We are absolutely delighted to win not one but TWO awards at the Fleet World Honours! One for Innovation in Fuel Saving and Management for TMC Fuel+, the other for Innovation in Cost Reduction for TMC Mobility+. We are over the moon! Read what the judges had to say here: Innovation in Cost Reduction: TMC Mobility+ A powerful tool for managing multi-modal travel, Mobility+ combines data from a multitude of suppliers to give a cle

What young people’s expectations tell us about the future of fleet and mobility

The fact that the number of young people holding a driving licence has fallen by 40% since 1992 has major implications for the fleet and automotive businesses. Fewer 17-20 year olds passing the driving test won’t come as news to many people. But new research suggests that the trend will not only continue but could accelerate as driving moves beyond the expectations of more young people. Researchers from the universities of Oxford and the

Could car driving really die out by 2030?

A think-tank has been causing a stir recently with its prediction that car 'drivership' in the US and Europe will die out by 2030 in the face of cheaper competition from on-demand, autonomous electric vehicles. This is how the US-based ReThinkX consultancy believes the change will go in the US assuming autonomous vehicles (AVs) soon receive regulatory approval there: Their report sta

One million EVs on UK roads in two years’ time

How TMC is helping fleets keep abreast of shift to plug-in drivetrains. Chargemaster is predicting that the number of plug-in cars on UK roads will hit 200,000 in 2018 and pass the one million mark by the end of 2020. The next 12 months also see several new and updated plug-in models arrive on the fleet market, headed by the latest Nissan Leaf in February. As well as featuring even higher levels of intelligent driver assistance, for motorw

New TMC Mobility+ brings ‘Mobility As A Service’ (MAAS) a step closer

TMC has launched a new service, Mobility+ that enables companies to manage all business-related travel costs via a single dashboard. The new system can make recommendations for optimising mobility at both company and individual level, based on employee travel patterns. The system also features a dashboard designed to enable employees to keep track of their spend and stay within any specified mobility budget. Available in the UK and Europ

Higher fuel costs are hurting businesses. Here’s what you can do about them

6 DECEMBER 2017. Today’s business sections are reporting that Britain’s services sector is “reeling from its biggest inflation shock for almost a decade.” The number one driver of this cost inflation is sharply rising transport fuel bills says the Chartered Institute of Purchasing and Supply (CIPS). UK pump prices for diesel and petrol climbed by 20% last year and have continued to rise slowly but steadily throughout 2017. And the e

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