Given the lack of HMRC activity employers who operate this arrangement may have not reviewed their processes to ensure that these meet fully with what is required. Getting this wrong could lead to an unwelcome tax bill on the part of the employer.
Overzealous, target chasing sales departments are encouraging sales staff to take the customers seven digit card number and conclude an off-premises contracts without playing by the rules or regulations.
"Measures often say as much about how bad you were as they say how good you have become. Give me a modest 15% improvement every year. Every five years you will double your output and more importantly you will have built the capability to keep doing it and in 30 years you will be 6,000% better.”
Customer retention and return, and how proactive marketing and innovative communications strategies can help reduce drain among existing customers will be the focus for Adam Goran, of Grass Roots at the AM Aftersales Conference 2015.
HM Revenue & Customs is stepping up its investigations of the way car dealerships, vehicle rental firms and other businesses implement rules to average out benefit in kind tax charges on staff using multiple company cars.