In the Conservative-Liberal Government’s emergency budget in June this year, the VAT rate was increased from 17.5% to 20% coming into effect on the 4th January 2011. This is bad news for companies who are already struggling under the pressure of the economic downturn, as the news has an effect on the amount it costs to run your fleet.
TrackCompare, the webs leading vehicle tracking comparison site is set to extend it’s tracking comparison services to customers considering Lone Worker Protection and Mobile Worker Solutions.
Fuel prices rose this week by 2p per litre. These increases are going to be compounded by the increase in VAT from 15% to 17.5% in the New Year. Drivers are reacting angrily to this increase, and
The UK government has announced that fuel duty will be increasing as of September this year. For many companies this price increase will affect their monthly fuel bill significantly.
In articles written on this, the first ‘smart’ hire car apparently knows where it is. It can tell you if it has been stolen and can call for help after an accident has happened.
Following the announcement of the ‘Budget 2009’ where fuel prices are yet to increase again, one of the UK’s leading Vehicle Tracking Providers ‘Cybit’ have announced and produced a document named ‘White Paper’ to outline from the customers outlook, the benefits and impact vehicle telematics can make to a business by reducing fuel expenditure.