EVs set to rival petrol and diesel for total cost of ownership
Electric vehicles (EVs) will have the same total cost of ownership (TCO) as an equivalent petrol model by 2024, new research claims. However, Autovista Intelligence analysis suggests that some plug-in models are already cheaper to operate than their diesel and petrol counterparts.
FLA gains Government approval to create new motor finance apprenticeship
The Finance & Leasing Association (FLA) has won Government approval to develop a Motor Finance Specialist apprenticeship standard for the motor finance industry.
Have you got what it takes to become SAF Advanced?
If you’ve already passed the SAF test, then progressing to SAF Advanced is a good way to develop your career with a more detailed understanding of motor finance products and the regulatory framework underpinning the market.
HMRC consult on removing tax incentives for company car schemes
HM Revenue and Customs has consulted on proposals which seek to limit the range of benefits in kind that attract tax and National Insurance (NI) contributions advantages for employers and employees.
New SAF user guides
New users will soon receive instructions on how they can take their SAF test when they register. Administrators registering their company’s details will also be sent a new guide, explaining how to manage their firm’s account and detailing the various features available to them.
New VED 2017 reporting requirements for motor retailers
With new Vehicle Excise Duty (VED) rates due to come into effect (for new cars only) on 1 April 2017, new versions of V55 forms are already in circulation and the AFRL system will also be updated in due course. Both will require dealerships to report the list price or notional price when registering new cars.
SAF Competition winners
1,300 readers responded to our July survey about their SAF learning experiences.
The changing face of apprenticeships
The way apprenticeships are being delivered in the UK is changing. Employers can decide where apprenticeships are needed and set out the knowledge and competences that they want their apprentices to have.
DVLA clarify 2017 VED scheme
New Vehicle Excise Duty (VED) rates will come into effect (for new cars only) on 1st April 2017, applying a wider range of rating categories based solely on emissions in the first year.
From year two, all vehicles will be subject to a standard rate of £140 per annum, but those priced above £40,000 will be subject to a £310 supplement per annum for five years.