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The start point for the best source of fleet information |
Leasing company Activa Contracts has modified its 'Tax Guide for Fleets' app, allowing drivers to see if a cash allowance increases their tax bill.
The app allows company drivers to calculate monthly tax bills on a specific vehicle, and has been changed to reflect spring budget tax announcements relating to salary sacrifice and cash allowance tax rules.
Unlike paper-based systems, the app will not go out of date following Budgets or general election results, as it will be updated "almost immediately", the company said.
As well as the cash-allowance calculator, the app includes:
"Employees driving their own cars on business trips continue to prove to be an administrative and compliance burden for many employers," said Activa Contracts' sales and marketing director Lisa Temperton. "We believe a company car remains exceptional value for money for both employers and employees, and limits organisations' risk exposure. Our enhanced app is a key tool in proving the case and helping employees make the cash or car decision with all the critical information at their fingertips. It further adds to Activa Contracts' industry-leading position as provider of a range of tools to enable clients to make fully-informed decisions."