Company Cars or Car Allowance - Profit from Company Cars

• Company car taxation has increased 73%
  since 2002
• The tax charge on the average £18,000
  car is £3490 p.a.
• Over 30% of the cost of running a company
  car is taxation on the Company
• Over 90% of drivers are better-off funding
  their own cars
• Their employers save over £10,000 across
  a typical 3-year life
• There are 1.2 m UK company car drivers
  4 million other people use their own car
  for business travel

Take a morning to make an informed decision
A company car is a significant, emotive benefit in kind for key employees, so getting it right is not only
important from a financial point of view, but also for corporate morale.
This Company Car Seminar will highlight the options; the changes; ways to make cost savings and give
you a real insight into helping your company make the right decisions for the fleet going forward.

A Four Part Process
The design and introduction of a Car Allowance Scheme should be handled in a logical process and must be managed from start to finish.

	Undertake financial analysis of the current fleet and drivers; evaluate options and fleet savings for the company. Typical fleet savings average more than £10,000 per car, over 3 years.
	Discuss the findings and design a policy which determines the way forward and a fleet strategy to achieve potential savings. Agree rules and procedures across employee groups including parameters for “safe and healthy” motoring.
	Launch the changes: Employee communications drafted Employee briefing Driver consultation and support
	Implementation: Fleet disposal / reconfiguration Transfer to new scheme Phasing between schemes

9:00am - Registration & Coffee
9:30am - Start

Session 1 9:30am
The Cost & Taxation of Company Cars
Profit from Company Cars

• The Cost of a Company Car and Private Travel
• Tax Changes - Budget 2009 - 2011
• Company Cars or Car Allowances? The Alternative
• Identify £10,000 Savings
• Partial & Total Solutions
• “From Burden to Benefit”
• Case Study

Presented By
Tristan Maynard
Senior Partner, BCS Partnership

10:30am - Coffee Break

Session 2 10:45am
Managing a Car Allowance Scheme
The Four Part Process

• Procurement - Corporate V Retail
  • Purchase V Leasing
  • Maintenance - Contract V “Pay-As-You-Go”
• Insurance - Gaining “Corporate” Cover
  • GAP & Early Termination
• Employee Communications
• Health & Safety Update
• Maintaining Control

Presented By
Jonathan Roland
Corporate Director, Leasing Options Fleet Management

11:45am - Questions & Discussion
12 noon - Close

Leading Experts
The BCS Partnership and Leasing Options Fleet Management have been working together for some 10 years now; dealing with 600 Company Car Fleets and over 25,000 drivers.

Tristan Maynard FCMA FCMI MIMC
Senior Partner - The BCS Partnership Ltd
With over 30 years' experience at board level in a wide range of manufacturing and service industries, Tristan brings a practical, straight forward approach to profit improvement and solving business problems. After celebrating 15 years in professional practice, Tristan Maynard was voted "Chartered Management Accountant of the Year" by CIMA Members in Practice. A leading expert in Company Car taxation, he is a contributor to several HMRC consultative panels.

Jonathan Roland ACIS
Corporate Director - Leasing Options Fleet Management
Jonathan has been involved in finance for over 25 years, focusing on asset finance, leasing and fleet management. In 1999, Jonathan was approached to join the J. Rothschild Partnership and today is the Corporate Director of Leasing Options Fleet Management, working primarily with Public and Private Limited Companies specialising in managing the Cost of Company Cars.