PracticeConsultingFree guide out on managing fuel purchases

Free guide out on managing fuel purchases

Expert guidance is now at hand for tax advisers and accountants dealing with fuel purchasing and management, which accounts for a third of fleet costs.

Link: Fleet special report

The guide reveals that the annual fuel bill for a fleet of 50 cars can be £100,000 per annum – the equivalent of the salaries of two senior managers.

It also explains how a simple policy of requiring drivers to refuel at low-price supermarket petrol stations could save a fleet of 100 vehicles over £4,000 a year.

Janet Eastwood, head of product management (fuel) at Arval PHH, comments: ‘We’ve produced these guides because fuel purchasing is not a simple issue for fleets. The changing tax on free private fuel, rising forecourt prices and the implications of the EU’s Sixth VAT directive all have a significant impact on how companies buy their fuel.’

To obtain a copy of the guide, send an email to: fuelpolicy@arvalphh.co.uk.

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