There are many areas of motor retail that can be subject to VAT risk and failing to apply the right VAT treatment can lead to assessments for underpaid VAT and the threat of penalties and interest.
The NFDA and Trusted Dealers has joined forces to encourage dealers to prepare for “draconian” new General Data Protection Regulations (GDPR), which could see dealers facing fines of up to £20 million.
Dealers have been warned of significant changes in employment law in 2017.
Car manufacturers have discussed the possible effects of Brexit within the automotive sector at an SMMT roundtable event attended by the Secretary of State for Exiting the European Union and DFT and BEIS ministers.
FCA Automotive Services is celebrating after gaining IMI accreditation for its own finance training program.
Data protection law coming into force in 2018 could see non-compliant car dealers fined 4% of turnover or banned from processing data altogether.
The SMMT has praised the government’s drive towards improved transport infrastructure and innovation in the EV sector following yesterday’s Autumn Statement as others eyed opportunity amid the uncertainty.
Chancellor Phillip Hammond vowed to create “an economy that works for everyone” before announcing a rise in the minimum wage and cuts to salary sacrifice schemes in his Autumn Statement.
The House of Lords Science and Technology Committee is set to continue its inquiry investigating driverless vehicles by quizzing ministers on a range of associated issues - including attitudes to buying and using autonomous cars.
The FCA took over the regulation of consumer credit in April 2014. What’s happened since?
FCA scrutiny of car dealers' commission on F&I products will happen “quicker than we think”, according to Barclays Partner Finance managing director Mike Britton.
Frontline Solutions managing director Martin Hill has announced the rebranding of the business as DealTrak as part of an expansion phase which will see it move into a larger headquarters in Leeds city centre.
Five final notices issued by the Financial Conduct Authority to dealers this month could be the “first of many”, warns iVendi.
The manufacture of cars and commercial vehicles has increased enormously worldwide – more than 25% in the last decade alone.
Business secretary Greg Clark has outlined four promises made to Nissan’s executive committee ahead of last week’s announcement that the brand would continue its investment in UK manufacturing.
An independent used car dealership has had its consumer credit permissions withdrawn by the Financial Conduct Authority.
The widespread adoption of the internet has clearly been a benefit to the motor trade. However, this connectivity comes with a health warning.
The Financial Conduct Authority (FCA) marks six months since the start of the Senior Managers’ and Certification Regime by proposing ways to strengthen it.
The Financial Conduct Authority has published its examination of the impact of Big Data in sales of general insurance such as motor cover.
Prof Jim Saker explains why dealers' responsibility for security will increase with the connected car.
An off-duty AA technician spotted 23-year-old tyres fitted to the nearly-new car purchase of an unsuspecting motorist.
Dealers should consider pricing non-prime motor finance lower in order to win more business and question whether deals which demand high APR should be done, says Startline Motor Finance.
Dealers are regularly collecting the wrong data or are proving to be unsure of how to meet the demands of an FCA investigation.
Not everyone has the same view of what’s attractive, particularly with second-hand cars. Beauty is in the eye of the seller and there can be a tendency to embellish.
TrackBack has appointed Oscar O’Connor as its chief information security officer as another line of defence against data theft and cyber attacks.
