As a sole trader or small business relying on a van (or fleet of vans) for your livelihood, a major decision you’ll need to make is whether to buy a van or lease one. Let’s look at the arguments on each side. Buying a van When you buy a van, the biggest advantage is that
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Many jobs require employees to drive a company vehicle. While most drivers are cautious and attentive, accidents can occur without warning—even if the operator has years of experience. When accidents happen, it can be incredibly costly for employers. What’s more, just one accident can cost employees their job or lead to serious, debilitating injuries. One
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In February, nearly two-thirds of KFCs across the United Kingdom were closed or offered a limited menu after its new distributor failed to deliver enough chicken on time. With no backup plan for how to get more chicken, customers took to social media to vent their frustrations at the fast-food restaurant chain. While KFC tried
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On 13 March, Philip Hammond, Chancellor of the Exchequer, delivered the Spring Statement 2018 to Parliament. Highlights for Businesses The National Living Wage will rise from £50 to £7.83, and the National Minimum Wage rates will increase as well in April. The government’s plan of increasing the amount of homes by an average of
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Accidents do happen, from time to time. Having public liability insurance in place helps set your mind at rest, keeping you covered if a customer or member of the public suffers a loss or injury because of your business. What does public liability insurance cover? A comprehensive public and product liability policy provides cover for
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Accountancy firm RSM has warned that many businesses and drivers could face heavy tax bills on company cars they thought were vans. A tribunal case from late last year ruled that although two modified Volkswagen Kombi T5 vehicles operated by Coca-Cola were originally classed as vans for tax purposes, once it considered the characteristics of
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