63% of larger businesses to review their fuel reclaims process – ALD Automotive / YouGov survey
These latest findings suggest that companies are now taking the threat of prosecution by HMRC more seriously and are recognising that inaccurate or fraudulent business mileage claims can have a major impact on cost control and fleet budgeting.
Commenting on the results, Keith Allen, managing director of ALD Automotive (UK) said: 'With HMRC cracking down on companies who aren’t able to provide auditable records it’s in the interest of every business to ensure that employees driving on work-related journeys file accurate mileage reports and appropriate online systems are put in place to manage this area.' Keith Allen concludes: 'Not only will it reduce the risk of the employer and employee being liable to action but experience suggests that significant savings can also be achieved in fuel cost.'
For organisations looking to mitigate their risk, it is recommended that businesses have a robust process in place and telematics is one such solution available to fleet managers. ALD’s award-winning, ProFleet2 service automatically records all business journey data online, with drivers no longer needing to fill out individual mileage logs, ensuring complete accuracy of recorded mileage.