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Personal information is harder than ever to protect, and much of it is stored in vehicles themselves. So, how can you protect your company and fleet users’ data?
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The Great Resignation—new since the onset of the pandemic—is forcing fleet managers to rethink their personal use policies amid other ongoing dilemmas. Most see it as a great opportunity to keep employees on the road and morale high.
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A recurring question is whether it makes business sense to provide company vehicles to employees or to reimburse them for the use of their personal vehicles. Here are 30 reasons why reimbursement may not be the best choice.
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Automotive Fleet views itself as a facilitator to provide a platform for different voices from the industry to sound-off on today’s challenges. This regular column is designed to encourage discourse for fleet professionals to let their voices be heard to their peers and other industry professionals. Here is what is top of mind for fleet professionals on the upward pressure on fleet costs.
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There are a number of “hidden” costs to offering employees the personal use of a company vehicles. It negatively impacts the resale value of a vehicles. On average, personal use accounts for 15-18% of the overall miles accumulated during a vehicle’s service life. This blog will explore the various other hidden costs of providing personal use.
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Learn about the importance of risk management, safety best practices, and the accidental claims process in this 20th episode of State of the Fleet Industry Spotlight interviews.
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Topics discussed includes if fleets should reevaluate their future vehicle cycling plans; the resolution of the unintended personal-use charge tax consequence on fleets in 2020; and how new accounting lease standards might impact future vehicle lifecycle trends.
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The unintended tax consequences created by the pandemic that distorted personal use taxation of company drivers was successfully mitigated by the NAFA Fleet Management Association. Here’s the inside story of how it was accomplished.
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The initiative that led to this notice from the IRS was spearheaded by members of NAFA, who sought to mitigate unintended tax consequences that the COVID-19 pandemic created for company drivers during the shelter-in-place mandates.
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Automotive Fleet has developed a reference guide of the most up-to-date industry data on the market to support fleet professionals.
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