With a multitude of available fuel types and tax-based red tape, here's how to avoid unnecessary costs for electrified fleets:
The good news for drivers is those rates should cover the cost of the fuel and electricity used. Unfortunately they can also be also generous enough that a driver could choose not to plug in at all, and still wouldn’t be out of pocket. A lot of PHEVs have large petrol engines and would be able to claim at 27p/mile, which would result in some hefty travel expenses.
Although rates can be adjusted, it’s not a straightforward fix, as Association of Fleet Professionals chair, Paul Hollick, explains: “Generally, our advice is to use AFR rates as a minimum for PHEVs, otherwise employers need to track how many miles are done by each driver and vehicle on electric and on ICE power, which is extremely difficult and time consuming.
“In fact, in most real world conditions, there is an argument for paying more than AFR, as most PHEVs will cost in excess of the current rate to run.”There are some upsides to electricity getting a unique tax treatment, which can help keep costs down. Home charging is vital for BEVs and especially PHEVs, as it’s the cheapest and most convenient way to top up. The UK government has stepped up funding for charge points in flats and rental properties, but recently stopped offering support for homeowners in single-occupancy properties . Employers can also pay to install chargers at drivers’ houses, without any tax implications.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEMA Electrified: An Overview Of The EVs At This Year's ShowSEMA Electrified: An Overview Of The EVs At This Year's Show via insideevs.com
Read more »
RML Short Wheelbase review | AutocarThe RML Short Wheelbase is a glamorous, £1.6 million tribute to the Ferrari 250 SWB - read why we think it's more than just a restomod:
Read more »
Lotus boss: firm ‘feels like it’s alive again’ | AutocarWith Emira deliveries beginning and the Evija soon to follow, Lotus boss Matt Windle is confident his firm has a great future:
Read more »
Greatest road tests ever: Skoda Roomster | AutocarBack in 2006, we tested the Skoda Roomster - an unusual breath of fresh air that wrapped Volkswagen quality in a practical frock:
Read more »
Under the skin: the Audi EV that hoovers harmful particulates | AutocarAudi's 'Urban Purifier' is a filter technology being tested that uses EVs to remove dirty particulates from the air in congested cities:
Read more »
Used car buying guide: Audi TT | AutocarThe Audi TT - it's quick, sleek and effortlessly cool. But is it really a sports car? Read our latest used car buying guide to find out:
Read more »