Date post: | 12-Jul-2015 |
Category: |
Business |
Upload: | alex-baker |
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PEAK Mileage Capturemileage made easy
Subject title: A description
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Who Should Consider Mileage Captureanyone who…
Likes the idea of GPS but is concerned with
big brother
Has forgotten trips or made-up or
overestimated journeys
Looking for HMRC compliant mileage
expenses
Is looking for Simple and effective
mileage reporting
Is looking for system that is safe
and secure
Considering a mileage system that calculates
mileage expenses
Concerned that drivers are pocketing
overestimated mileage
Is looking for quick and simple mileage
reporting
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Mileage Fraud and OverestimationSome of the facts and figures
Of all employees
commit mileage fraud
Of business mileage is
overestimated
Main ReasonEveryone else is
doing it
Mapping web sites can overestimate
by 25%
This has led to HMRC Investigations
Number of businesses who will have their mileage
reviewed
Number with inaccurate or
inadequate mileage records
Likely to be investigated or receive a fine
Potential fine for just 1 vehicle
The Future Problem?You future workforce
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What are you doing today?Traditional methods of mileage capture
Notepad Fag Packet
Excel Diary
More than 20% of claims ending in a zero
Inaccuracies in mileage between two places
More than a 60/40 split of business/personal mileage
These methods of mileage capture are often inappropriate as they allow for
inaccuracies, estimation and overestimation. HMRC are looking for some tell tale
signs that this has been occurring. If they find inadequacies they will investigate
ExpensesSystem
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The Cost of Inaccurate Mileage Claimswhat's the bottom line
HMRC FinesUp to £18,000 per vehicle
CO2 Emissions25% higher than they should be
Fuel Bill25% higher than it should be
Time12 hours per year compared to one hour using PEAK
Forgotten JourneysUsing AMAP rates 10,000 miles is worth £4,500
Made up JourneysA phantom trip from London to Manchester could cost you £162 return
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What is PEAK Mileage Capturewhat's the bottom line
• An incredibly powerful, intuitive and compliant mileage expenses and reporting system.
• A system that uses patent pending GPS USB dongle technology.
• A solution used and trusted by over 30,000 users across more than 550 companies in the UK.
• A system that can be tailored to your needs and requirements.
• A solution that is in constant development with improvements and features being released regularly.
Coffee in one hand.Mileage control inthe other.Discover five-minutePEAK Mileage Capture
How Does PEAK Workthe 5 simple steps
Quick Simple Accurate Fair
Compliant
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The Features of PEAK Mileage Capturethe great stuff we do
Three unique flavours to choses from
Standard EnhancedGPS
Feature Standard Enhanced GPS
Simple and Easy Setup
Cloud based technology
Secure Database
Print and Save Mileage Reports
Manager Approval
Post Code to Post Code Journey Look Up
DVLA Vehicle Look Up
Dashboard Reporting
CO2 Reporting
Uses GPS Dongle
Records GPS Date and Time
Show Actual Trip Taken
Prevent Overestimation
Prevent Made Up Trips
HMRC Compliance
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Common Questionsquestions we get asked regularly
• Is it not a bit “big brother”. You only share with your employer the trips marked business
• Our IT department don’t allow USB mass storage. The device is recognised on a computer as a mouse or printer would be
• I use my sat nav in my cigarette lighter port. We offer splitter for less than £5
• I don’t want my boss to know about certain journeys. Any journey ticked as private will not be shown on the mileage report
• What if I lose my dongle. We will replace it for a cost however in the meantime a user can manually enter trips on our web site
?FAQ
Benefits: An Overview
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Benefitsthe stuff that drives the value
• Simple set up – install tens, hundreds or even thousands of drivers in 24 hours.
• Reduce mileage claims by around 25%• Reduce fuel costs and CO2 by 25%• Virtually eliminate the chance of HMRC fines• Drive tax efficiencies through your fleet• Use mileage claim data for other useful reporting such as:• Sales Reporting• P11d reporting• Driver risk reporting• Payroll reporting• Fuel VAT reporting
Next Steps: Lets agree what's next