Our blog on the latest issues affecting the automotive sector
VAT and PAYE risks for motor retailers
October 29, 2019
HMRC continue to focus on VAT and PAYE compliance within the motor retail sector as major opportunities to generate assessments. With VAT in particular, we have seen an increase in the number of compliance checks taking place within our client and contact base.
The future of motoring taxes
October 28, 2019
The IFS has predicted that the trend towards greener vehicles, particularly electric ones, will leave the Treasury with a hole of £33 billion.
Are you fuel compliant? Are you sure?
October 24, 2019
HMRC continue to focus on the motor sector with PAYE inspections, where time and again the issue of fuel compliance comes up.
The changing role of the auditor
September 11, 2019
There have been ongoing questions about the purpose and relevance of the audit in the modern business world. Massive leaps in technology have rendered many of the traditional audit tests obsolete, and at the same time the power of this technology has enabled auditors to devise increasingly sophisticated and comprehensive tests.
Are electric cars only for the wealthy?
August 27, 2019
Whilst the level of disposable income has a strong influence on the affordability of owning an electric car, government policy and infrastructure are a key determinant in the demand for electric cars.
FCA focuses on motor finance sector
August 20, 2019
Following the FCA review earlier in the year in to the motor finance sector and recent probes into large car dealer groups, it's vital all lenders fully understand the consumer credit requirements and disclose all the facts to potential buyers.
The practical electric car: a 120 year-old challenge
August 2, 2019
It has been a couple of years since I last took a look at progress towards a truly practical electric vehicle. A great deal has happened in the intervening period, and surprisingly, some ideas are more than a century old.
Does every emission cloud have a silver lining?
July 11, 2019
Despite all the controversy around emissions over the last few years the Government and EU continue to tighten emissions regulations.
Continued sales slump for UK motor industry
July 2, 2019
Recent results announced by the SMMT show production output of vehicles fell 15.5% in May 2019, confirming 12 consecutive months of declining outputs.