By 2020, HMRC will have transitioned to a completely digital tax system. This is a historic progression that will lead to the end of the tax return as we know it. Between the scaremongering from the accounting industry and the untrustworthy optimism of the HMRC, there are real issues and considerations to take into account.Digital Continue Reading…
Motor traders tend to be incredibly busy people. Running your company probably doesn’t leave a lot of spare time or energy for networking and learning at industry events. Although wrenching yourself away can be a struggle, doing so could prove a very worthwhile investment! Meet the Plan Team The automotive sector covers a wide range Continue Reading…
We are very pleased to announce that we are sponsoring thechauffeur.com’s vehicle reviews. thechauffeur.com is an incredibly useful resource for professional drivers. Their reviews provide insightful vehicle assessments with the chauffeur industry specifically in mind.In the first video since announcing the partnership, thechauffeur.com test drive the 2017 Mercedes-Benz E-Class. One of the most popular choices for Continue Reading…
Minimising the effects of the Discount Rate Ruling You may have seen press headlines in February relating to expected insurance cost increases due to a judicial ruling on “The Discount Rate.” Rightly or wrongly the Lord Chancellor decided that from March 20th 2017 the discount rate should be cut from 2.5% to -0.75%. Although this Continue Reading…
Cross border hiring is severely affecting both private hire and public hire drivers across the country. London black cab drivers will tell you that they see Uber drivers from as far afield as Manchester and Sheffield operating at weekends in the capital. Private hire operators in the west country, south coast and midlands complain about Continue Reading…
In these turbulent financial times investors are increasingly turning to classic cars. Many are not even enthusiasts. Their purchases are purely based on the fact that sort after models represent the best safe haven for their surplus cash. As experienced motor traders you’ve probably already spotted the trend long ago. Being involved in the trade Continue Reading…
Uber have successfully challenged the TfL’s requirement for private hire drivers to hold hire and reward insurance through the duration of their vehicle’s licence period. The regulator hastily introduced the rule on July 11th last year for existing licence holders without consulting the insurance industry.At Plan we don’t actually think the outcome will have a Continue Reading…
“Cyber-Crime” is a phrase we hear in the news all the time. But what does it actually mean? And is it a real threat to your business? Probably the first thing you think of when you hear cyber-crime is hacking. With a data theft scandal being at the centre of the US election it’s been Continue Reading…
What is your car’s new road tax band? Vehicle Excise Duty on cars in the UK is changing. We explain what amount of tax you will need to pay going forward. Your Vehicle Excise Duty (VED), more often referred to as road tax, will be based on either engine size or fuel type and CO2 Continue Reading…
So in our last blog we established that the amount of funding available for zero-emission black taxis is still to be confirmed. One thing is clear though, from 1 January 2018 no more new diesel taxis will be licensed. But for any driver wanting to upgrade to a new vehicle after the zero emission capable deadline Continue Reading…