Any journey undertaken by you on behalf of the Company, such as meetings, courses etc.
A tax imposed by the HMRC when a vehicle is provided by your employer for private use
The process of ending your lease car contract before it’s natural end date
The amount of Carbon Dioxide a vehicle emits expressed in grams per kilometre
A motor insurance green card is a document produced by car insurers to prove a driver has adequate insurance cover for driving abroad.
Your pay before any deductions such as Tax, National Insurance and Pension Contributions
Her Majesty’s Revenue and Customs
Rates set by the HMRC which you can be paid tax free for business mileage undertaken in your private vehicle, any payments over and above these rates are subject to Tax and National Insurance deductions.
This is the amount you will need to contribute towards the cost of an insurance claim, the remainder is paid by the insurer.
The company (Lookers Leasing) that owns your lease vehicle.
Ministry of Transport test is an annual test for most UK road vehicles over three years old that tests the safety, roadworthiness, and exhaust emissions of a vehicle.
Pay as you Earn – a system where your employer calculates deductions from your (Tax and National Insurance) and pays this directly to the government.
Any journey completed in your workday which does not fall under the definition of a business journey i.e., commuting. Any journey completed in your own time.
Real Driving Emissions - All new cars sold in the UK and Europe must undergo rigorous emissions testing. Emission testing is normally conducted under lab conditions however, RDE is a test which is used by the manufacturers to test the emissions a car produces under real driving conditions. From September 2019 it has been mandatory for all vehicles to be put through the RDE test.
A payment method taken from your gross pay before deductions for Tax, National Insurance, Pension contributions etc have been calculated.
A payment method taken from your net pay after deduction for Tax, National Insurance, Pension contributions, therefore no savings are made.
A set of maintenance tasks conducted at specific time intervals or after the vehicle has travelled a certain number of miles. The intervals are specified by the manufacturer and some modern cars display the due date for the next service electronically on the instrument panel.
Vehicle on Hire certificate - Proof of permission to take your vehicle abroad.