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<p><strong>Welcome to Complete Driving Solutions, a truly independent Fleet Management
Company.<br>
</strong>Our approach is very simple, we work closely with each client to establish
their exact needs, then we devise a cost -effective way to deliver the solutions
in a way that will easily blend with the customers existing systems and personnel.
<br>
<br>
Over recent years both Company and Private Car legislation and taxation have
changed immensely, we are there to help our clients make tactical policy changes
in a structured way to enable them to control and manage costs effectively and
ensure that both our clients and their drivers chose the correct car and funding
method. <br>
<br>
Ericsson have used the services of Complete Driving Solutions for the last 5
years.<br>
During this period CDS have reduced the actual cost of running each car whilst<br>
maintaining driver satisfaction. CDS have also devised and implemented Car Choice
Policies to reflect the needs of the business and changes in Government Legislation.</p>
<p>Philip Hooper, HR Director, People & Culture, MU NW Europe, Ericsson Limited<br>
</p>
<p><strong>What We Do</strong><br>
Whilst we can broker funding solutions we are not a lease company ourselves,
therefore we look for the best option for our clients bearing in mind their
individual needs. We provide a totally bespoke service for each client.</p>
<p>We develop and implement Vehicle Policies, sometime geared towards recruitment
and retention of staff, at others designed to reduce operating costs.</p>
<p>We provide advice on Company Car Taxation, Fuel Benefit etc.</p>
<p>For some clients we operate as the “in-house” fleet department
managing the total fleet from Driver Helpdesk through to P11D and P46 reporting.</p>
<p>We develop and operate “Cash for Car” and Personal Lease Schemes
which give drivers full insurance protection against Redundancy and Sickness.
</p>
<p>We keep all clients fully informed on changes in Government Legislation and
advise them of the actions they need to take to protect themselves. We advise
on issues such as the position of an employer when employees opt for Cash Allowances,
does the employers responsibility end? </p>
<p>We supply one off cars for members of the public, as either Cash Purchases
or Personal Lease. </p>
<p>Since we began trading over five years ago we have witnessed many changes in
the Corporate Car world. We have adapted our services to suit the needs of our
clients and market conditions. We have successfully managed the both large and
small fleets through intensive, exciting periods of growth and equally challanging
periods of downsizing.</p>
<p>We have found the solutions for our clients, amongst them: <br>
Ericsson Telecommunications Limited<br>
Sony Ericsson Mobile Communications Limited <br>
Damovo UK Limited<br>
Solshade Solutions Limited<br>
A.B. Hoses Limited<br>
Kti Limited </p>
<p> When I arrived in the UK with my family there were so many things to organize.
Besides our housing arrangement a prime importance to our family was to find
cars for both my wife and myself as fast and easy as possible.</p>
<p>I was advised to contact Complete Driving Solutions who manage the UK Company
Cars for Ericsson. They provided a range of car options and good financial ideas.
Our ultimate decision on vehicle choice rested heavily on delivery time as well
as the total financial solution. CDS updated me quickly and regularly of the
developments in a very professional manner. Having made our choices, I can say
that I enjoyed the relationship under this process and hope others will be introduced
to Complete Driving Solutions as well, as they sorted out my car needs very
smoothly and to our satisfaction.</p>
<p>Jorgen Nilsson, Executive Vice President, Sales & Marketing, Ericsson Ltd<br>
<br>
<strong>Personal Lease<br>
</strong>Over recent years "Cash for Car" schemes have become increasingly
popular with both Companies and Employees. Whilst there can be benefits for
both by opting for a Personal Lease, care does need to be taken to ensure that
all aspects are covered. <br>
<br>
Are you offered a fixed Monthly Cash Allowance? <br>
If so do you know what you can get for your money? <br>
What are the Tax Implications / Pitfalls? <br>
Can you insure against Illness or Redundancy? <br>
Is it really true that a Mercedes can be cheaper than a Ford? <br>
Is the Sports car of your dreams really affordable? <br>
<br>
Talk to us, we will peel away the layers of confusion and help you find the
best deal for you. </p>
<p>When estimating what they can afford many drivers forget to include the money
that can be re-claimed via Tax Returns for business mileage under the Government
Approved Mileage Rate scheme. i.e.</p>
<p>For the first 10,000 Business Miles 40 pence per mile can be claimed to off-set
the expenses and depreciation on the car. All miles over 10,000 can be claimed
at 25 pence per mile. Please check the Inland Revenue Website for further details,
http://www.inlandrevenue.gov.uk./ Any mileage allowance made by an employer
has to be deducted from these mileage rates.</p>
<p>The extra funds generated by the Mileage Allowances dramatically affect what
can be afforded. <br>
<br>
Case Study - Name: Mark Evans - Current Company Car: Vauxhall Vectra 2.2LS Petrol
<br>
List Price £13,000 <br>
CO2 206 <br>
Car Taxation Level 26% <br>
Monthly Company Car Tax £112.67 <br>
Annual Business Miles 4,500 <br>
Annual Total Miles 10,000 <br>
Government Approved Mileage Rates <br>
40p per mile for the first 10,000 business miles <br>
10p per mile for all subsequent business miles <br>
These amounts can be claimed on the Inland Revenue Tax Return Less any mileage
rate paid by Employer. <br>
<br>
Monthly Cash Allowance £400.00 <br>
Less Tax at either 40% or 22% 40% £160.00 <br>
Plus Saving on Current Company Car Tax £112.67 <br>
Monthly Cash Available £352.67 <br>
<br>
ie.4,500 Business Miles @ £0.40 £1800.00 <br>
Nil x @ £0.10 £0.00 <br>
Less mileage paid by Employer @ £0.11 (per 20,000 miles) 20,000 £495.00
<br>
Amount to be Claimed via Tax Return £1,305.00 <br>
Monthly Amount £108.75 <br>
<br>
Total monthly cash available to cover personal lease & insurance costs £461.42
<br>
Personal lease cost incl maintenance based on 36mths & 10,000 miles/year
£332.85 <br>
Surplus funds to cover insurance & costs associated with running own car
£128.57 <br>
<br>
I approached Complete Driving Solutions with a monthly budget and they did the
rest. We decided on the car that was best suited to my needs, found the best
finance option and everything then followed on. The paperwork was clear and
easy to follow and the car was delivered to my home on time. My next car will
definitely be sourced this way.</p>
<p>Tom King, Global Travel Manager, Sony Ericsson Cash Allowance & Personnel
Lease </p>
<p><strong>Taxation Issues<br>
</strong>Do you fully understand how cars are taxed? <br>
Why are Diesel Cars more cost effective than Petrol ones? <br>
How is the Taxable Value of a car calculated? <br>
Is the Free Private Fuel Benefit still a benefit? <br>
<br>
We could add many more questions to this list and we could provide answers to
them all, however, that would only answer the questions that you know to ask,
what about the other issues that you have maybe not even considered? Contact
us, explain your situation and let us give you a solution that covers all the
issues. <br>
<br>
Choosing the cars was the easy part, then I talked to Complete Driving Solutions,
they explained the Taxation issues in layman's terms and demonstrated the savings
that could be achieved. The final funding decision was easy.</p>
<p>John Francis, M.D., Solshade Solutions Limited<br>
<br>
<strong>How to Calculate Company Car Tax</strong><br>
This information should be used for guidance only, exact taxation costs will
vary slightly.</p>
<p>Detailed below is a simple way to estimate the Company Car Tax on individual
cars. This method should only be used as an estimate, please be aware that the
Inland Revenue calculates the exact figure. <br>
<br>
Establish the P11D price of the car,i.e. List Price including any extras and
delivery costs. <br>
Establish the CO2 rating of the car. <br>
<br>
Using the table below work out the Tax Band for the car, it is safest to round
up rather than down. Remember to add the 3% Diesel surcharge unless the car
has a Euro IV compliant engine. <br>
<br>
Multiple the List Price by the percentage Tax Band, then by your Personal Taxation
rate. This will give you the annual Tax figure. <br>
<br>
Example - BMW 318iSE Auto Petrol .Example - Vauxhall Vectra 2.2LS Petrol <br>
List Price £18,500 <br>
CO2 194 <br>
Car Taxation Level 23% <br>
Personal Tax Rate 40% <br>
List Price £13,000 <br>
CO2 206 <br>
Car Taxation Level 26% <br>
Personal Tax Rate 22% <br>
<br>
£18,500 x 23% x 40% = £1702.00 <br>
Indicative Monthly Tax £141.83 <br>
£18,500 x 23% x 40% = £743.60 <br>
Indicative Monthly Tax £61.97 <br>
<br>
<strong>Taxation % Calculation Table</strong> <br>
% of P11D price to be taxed <br>
CO2 (gms/km)<br>
2004/2005 .CO2 (gms/km)<br>
2005/2006 <br>
15% 145 140 <br>
16% 150 145 <br>
17% 155 150 <br>
18% 160 155 <br>
19% 165 160 <br>
20% 170 165 <br>
21% 175 170 <br>
22% 180 175 <br>
23% 185 180 <br>
24% 190 185 <br>
25% 195 190 <br>
26% 200 195 <br>
27% 205 200 <br>
28% 210 205 <br>
29% 215 210 <br>
30% 220 215 <br>
31% 225 220 <br>
32% 230 225 <br>
33% * 235 230 <br>
34% ** 240 235 <br>
35% *** 245 240 <br>
<br>
Up to 32% Add 3% supplement for Diesel Models </p>
<p>** Add 2% supplement for Diesel Models<br>
*** Add 1% supplement for Diesel Models <br>
**** Maximum charge, so no supplement for Diesels </p>
<p>Euro IV Diesel Vehicles do not attract a surcharge <br>
</p>
<p><strong>Fleet Management</strong><br>
Many Companies find that as they grow the task of looking after Company Cars
becomes increasingly problematic. There are so many issues to consider... <br>
<br>
What type of vehicle should you provide? <br>
How does the Co2 of a car affect personal taxation? <br>
What are the responsibilities for the Company if an individual uses his/her
own car on business? <br>
What is the best method of funding? <br>
How does the Company develop its own Policy? <br>
How will the forthcoming Corporate Manslaughter legislation affect our Company?
<br>
What H.R. and Health & Safety Issues should be considered? <br>
<br>
The list is endless. Complete Driving Solutions will analyse where you are now,
propose possible changes and provide an out-sourced Fleet Department focused
on your Company needs. <br>
<br>
CDS has partnered with Sony Ericsson since the Joint Venture was set up in 2001,
from helping us to formulate our company car policies right through to managing
the day-to-day operations. The CDS team are highly professional and we can rely
on their expertise and service levels to meet our needs.</p>
<p>Hew Evans, Compensation and Benefits Manager, Sony Ericsson Mobile Communications
Management Ltd <br>
<br>
<strong>Funding Options</strong><br>
<strong>Contract Hire</strong><br>
Allows VAT registered companies the chance to adopt a minimum outlay with maximum
control of costs especially when options such as maintenance and relief vehicle
are included. Over an agreed period of time and mileage, the rental payments
cover all the risks including costs, depreciation and disposal. Road fund license
is included here, however, maintenance, relief vehicle provision and road side
assistance can be added to this VAT beneficial package. <br>
<br>
<strong>Finance Lease</strong><br>
This is a favorable option if the VAT registered company is looking to handle
the admin of the vehicles, and have the assets shown on their balance sheet.
With this option the hirer has the choice of paying the cost in its entirety
over the agreed lease period (plus interest payments) or pay lower monthly rentals
during the set period with a balloon payment at the end based on the residual/resale
value of the item. <br>
<br>
<strong>Contract Purchase</strong><br>
Aimed at companies with higher value cars who do not want to incur depreciation
risks. The vehicle is obtained paying the monthly rental in the normal way with
the asset being shown on the company balance sheet. The customer can retain
ownership at the end of the contract or hand the vehicle back. This method comes
with road fund license and the roadside assistance as an option and benefits
from maintenance and relief vehicle savings. <br>
<br>
<strong>Lease Purchase</strong><br>
This option is aimed at the non - VAT registered companies or private individuals
who would like eventual ownership of the vehicle. The customer, having made
all of the payments including the option to purchase, acquires ownership. (A
‘balloon payment, reflecting the anticipated value of the car at the end
of the lease, maybe incorporated as part of the initial capital cost.) <br>
<br>
<strong>Personal Leasing</strong><br>
An option where private individuals can finance and maintain a vehicle in a
cost effective manner. After the payment plan (via a fixed monthly charge) has
been agreed during consultation, the customer can benefit from significant tax
advantages, with a choice of a new vehicle every 2-3 years. With the addition
of the optional maintenance and breakdown package, a Personal lease is the ideal
solution for business and personal needs. </p>
<p><strong>Special Offers</strong><br>
The above figures are based on 36 month, non-maintenance contracts with an annual
mileage of 10k. Deposit payable of 3 months rental followed by 35 standard rentals.
Business Contract figures are plus VAT at the prevailing rate.</p>
<p>Please do not hesitate to contact us if you have any questions or need further
details. We will be happy to assist in any way that we can.</p>
<p><strong>Address</strong><br>
Complete Driving Solutions Ltd<br>
Suite 31<br>
Normanby Gateway<br>
Lysaghts Way<br>
Scunthorpe<br>
North Lincolnshire<br>
DN15 9YG <br>
<br>
<strong>Telephone</strong><br>
+44 (0) 1724 275120 - Liz McCrindle<br>
+44 (0) 1724 275121 - Paul Gregg<br>
+44 (0) 1724 275122 - Ashley Johnson<br>
+44 (0) 1724 275123 - General Enquiries<br>
<br>
<br>
<strong>Fax</strong> <br>
+44 (0) 1724 275124 <br>
<br>
<strong>Email </strong><br>
enquiries@completedrivingsolutions.co.uk <br>
<br>
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