While certain numbers remained relatively flat to what was reported in 2016, some segments have revealed shifts that may reveal new trends to how fleets approach personal-use policies, according to Automotive Fleet's annual survey. Read the full story here. Charts by Armie Bautista.
Average personal-use charges have remained flat in 2017, but certain trends have revealed other telling details about the status of personal use.
It’s every fleet manager’s responsibility to develop a fair, equitable, but proper personal use charge policy. There are a number of ways to do so to make certain that both the driver and the company are treated fairly.
While personal-use charges, on average, have risen once again, there are other trends influencing the way fleets are handling personal use.
Depending on how heavy the vehicle is and how many seats it has, drivers will be charged between sh40,000 (US$11.72) and 52,000 (US$15.24) each per month.
The Internal Revenue Service has lowered the deductible mileage rate to 54 cents per mile for business miles in 2016 down from 57.5 cents in 2015, the agency has announced.
The U.S. House of Representatives recently passed a highway and transportation bill that included a provision that would change how certain alternative fuels are taxed in relation to conventional fuels.
While Capitol Hill may yet again slap an eleventh-hour cold patch on the highway-funding gap, state governments are moving ever more quickly and innovatively to put their infrastructure spending in order.
Rep. Bill Shuster, chairman of the House Transportation and Infrastructure Committee, said that one of his 2015 priorities will be a highway bill – but he does not expect it to be funded by a fuel tax increase, the AP reported.
At the start of 2015, the state will begin taxing compressed natural gas (CNG) and liquified natural gas (LNG) based on a per-pound rather than per-foot rate.
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