Driving for work: how to avoid the road to ruin
What is the‘Grey Fleet?’
The ‘grey fleet’ is the term used to describe a fleet of vehicles that do not belong to a company, but which are used for business travel. This might include a vehicle purchased via an employee ownership scheme, a privately rented vehicle or a vehicle privately owned by an employee. When these vehicles are driven on company business, often in return for a cash allowance or fuel expense, these vehicles then become considered part of...
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