Flint Bishop

Midlands company Chevin Fleet Solutions ask will your system cope as VAT goes back?

New Year's Day may bring a few more aching heads than normal this year, as Gordon Brown's temporary tax cut is withdrawn and VAT returns to 17.5%.

That's the warning from Karan Ridgard, operations director at Derbyshire-based asset management consultancy and software house Chevin Fleet Solutions.

Fleet managers up and down the country will be scrambling to reset their calculations to avoid being caught out - unless they have an advanced system like Chevin's FleetWave to do it for them that is.

Karan states: "There are so many things affected by VAT that this change could be a real nightmare for fleet managers. The initial cost of a vehicle, fuel, tyres, parts and labour are all subject to it, so over a large fleet the extra 2.5% could equate to hundreds of thousands of pounds. 

"FleetWave and RoadBASE consolidate taxation changes universally across systems; ensuring fleet managers are fully equipped with the key data necessary to enable a seamless transition. It's a real concern for some fleet managers, but Chevin systems allow companies to continue business as usual. If there are concerns, our expert team is only a phone call away."

The flexibility of Chevin's FleetWave and RoadBASE solutions will ensure that the hundreds / thousands of fleet managers using the system in the UK will be able to welcome in the New Year with complete peace of mind. Unfortunately, the same cannot be said for users of lesser systems.

 

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Article published by Midlands Business News on 26 November, 2009

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Articles submitted by Chevin:



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  • Chevin is the toast of fleet management industry as it turns 21 - click to read
  • Midlands based company Chevin celebrates industry recognition - click to read
  • Midlands based company Chevin revs up for top industry award - click to read
  • Midlands based Chevin relocates in bid for expansion down under - click to read
  • CBVC accelerates past 1,500 vehicles managed on its Fleetwave system - click to read
  • Fleetwave inflates top tyre supplier - click to read
  • Midlands company Chevin Fleet Solutions ask will your system cope as VAT goes back? - click to read
  • East Midlands based Chevin announces another year of excellent results - click to read
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