Government Actions Will Save Fleet Operators Millions

 

Newly announced changes to the way that the government will impose taxes and administer records mean big savings on both time and money for fleet operators.

Roads Minister Stephen Hammond delivered the news of the governmental changes; he provided information about a variety of taxes being eliminated and paperwork being cut, as well as the addition of some new initiatives that will enhance understanding and cut administrative requirements for professional drivers and freight operators.

On the savings side, the government will be eliminating the paper tax disc entirely. This move, slated to take effect immediately, will save businesses and private taxpayers an estimated £14m per year. Further, as of 2015 fleet managers will no longer be required to keep hard copies of vehicle registrations: they will be able to utilize electronic vehicle registration documents instead, a move that will mean savings in the neighborhood of £3m per year. Similarly, drivers can use digital versions of their licenses, saving another £8m per year. Another £29m per year will be saved by a new ruling stating that if an insurance policy is cancelled in the middle of its term, fleet managers and drivers no longer need to send back the insurance certificate. The total savings in time and paperwork represent £54m per year.

The new initiatives for professional drivers will provide a guide to clarify rules and requirements regarding drivers’ working hour limits, and will also downgrade the frequency with which they are required to submit records of their driving hours.

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