<%@LANGUAGE="JAVASCRIPT" CODEPAGE="1252"%> Fleet Audits - Funding Reviews


Funding Reviews

Cars and vans for fleet use are capital-hungry assets which just happen to be subject to a range of complex tax and accountancy regulations. The changes to Corporation tax from April 2009 provide a strong indication to all fleets that the whole basis of funding should be reviewed. It may not be necessary to make any changes – but the new writing-down allowance arrangements (based on CO2 for cars) means that the rules and tipping-points for “purchase” versus “leasing” will change – and not just in relation to “green” cars either. There are some anomalies in the proposals which at this stage seem “perverse” to say the least!

The pre-eminent position of the UK fleet market – one of the largest and certainly the most mature and sophisticated in the world - has led to many different funding methods being made available to fleet operators. There are systems and schemes available to suit every viable demand. But with that complexity comes the very real danger of picking the "wrong" scheme for all of your individual circumstances.

Whether you need to fund fleet vehicles on or off balance sheet; whether you're cash-rich or requiring borrowings, Fleet Audits can identify ways to optimise cash-flow and/or minimise actual cash expenditure. Our proven funding evaluation model analyses funding costs for the entire fleet over at least one full replacement cycle. It includes taxation effects and fleet-specific elements such as lease rental disallowances, realisable vehicle residual values and other factors, all to ensure that “real-life” fleet operational elements drive the results to be totally relevant and accurate.

With our extensive knowledge of the key funding and leasing products available in this specialised market place, and an in-house database of average contract hire rates for the UK market, we have all the tools and expertise to ensure your funding method best fits both your fleet and your company's high level financial objectives. And we’re not just limited to UK studies: we have carried out funding and taxation analysis for clients with fleets operating across a number of European countries.

Operational Reviews
Funding Reviews
Risk Assessment
Policy Reviews
Environmental Audits