ACFO seminar to turn spotlight on inadequate mileage record keeping
Entitled “Effective Vehicle Choice and Fuel and Mileage Management”, the all-day event on 8 May will include a session focused on the importance of fuel and mileage management in keeping fleet-related costs and driver reimbursement charges under control.
The seminar is being hosted by Jaguar Land Rover at the Heritage Motor Centre, Gaydon, and is sponsored by LeasePlan and Barclaycard Fuel+ in association with The Miles Consultancy.
Paul Jackson, managing director, of fuel card and mileage expense management specialist The Miles Consultancy, will lead the session. It is being held following a recent YouGov survey that suggested more than half (56%) of employees who drive a car for business purposes were unaware of the tax regime for reclaiming business mileage.
It has also been highlighted that Cambridgeshire-based engineering company Ivor Searle faces a potential fine for an incorrectly compiled business/private mileage log after receiving a spot check visit from HM Revenue and Customs in early 2015.
ACFO chairman John Pryor said: “Understanding the complexities around business and private mileage reporting is critical for all employees and employers alike. ACFO’s seminar will highlight best practice in ensuring maximum compliance.”
The seminar speaker line-up also includes:
- Peter Cakebread, chairman of the British Vehicle Rental and Leasing Association and managing director of Marshall Leasing, who will provide an overview of the latest trends in fleet funding
- Mike Brazel, specialist consultant (funding and taxation), LeasePlan, who will deliver an insight into company car whole life cost calculations and the numbers that should be included
- Mark Cartwright, head of vans at the Freight Transport Association, will highlight why whole life costs are critical when selecting vans for fleet operations
- Dan Rees, senior manager, Deloitte Car Consulting Team, will focus on technical accounting and the use of computer programmes to manage fleet costs
- Caroline Sandall, ACFO deputy chairman and fleet manager, Barclays Bank, will deliver a real-world view on the practicalities of financial fleet management.
Throughout the seminar there will be question and answer sessions giving delegates the opportunity to quiz the expert line-up of speakers on key issues pertinent to their own fleet operations. The day will also kick off with a ride and drive section when delegates will be able to put a selection of the very latest Jaguar and Land Rover models through their paces.
ACFO members can book their seminar place by emailing the ACFO Membership Services’ Organisation at [email protected] or go to www.acfo.org. Non-ACFO members wishing to attend the seminar can do so by joining the organisation.