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Vehicle Tracking Can Help You With The Tax Man

If you have a company vehicle which is taken home each night then the tax man could argue that a certain amount of that millage is personal. If it’s personal then it’s not tax deductable. The tax man might be right quite often. Company vehicles are notorious for being used by employees for personal use when they are not suppose to. If you can’t prove when the vehicle is being used out of office hours, then how can you prove what are personal miles and what are business miles.

With a vehicle tracking system you can generate reports for each vehicle in your fleet to prove exactly how many miles are private and how many miles are personal. This is considered hard evidence by the HMRC and will clear up any disputes of millage, making it quick, easy and painless to work out the business millage you want to claim as tax deductable.

The added advantage to this is that you can then accurately charge your employees for any fuel they use in company vehicles and will therefore also cut your fuel bills considerably. It’s a double bonus thanks to vehicle tracking.

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