Tag: BVRLA

Nominate your broker BVRLA Industry Hero

BN BVRLAIndustryHeroes web

THE BVRLA is urging members to nominate their industry heroes to celebrate colleagues who have made a significant contribution through 2021. Names of those that have gone the extra mile in the last year should be put forward by a manager to colleague by 17:00 Friday 18th February, highlighting why they deserve to be recognised. Supporting facts, figures, and testimonials should be…

BVRLA announces BEN as charity partner for Annual Dinner 2022

BN BVRLADinnerBEN

THE automotive industry’s health and wellbeing charity BEN has been named as charity partner for the BVRLA Annual Dinner 2022.  Having been the BVRLA’s preferred charity at the Annual Dinner for over 20 years, last year’s partnership saw guests raise £10,700 on the evening for BEN. The charity provides support to those working in the automotive sector, covering holistic care and support…

“Another bumpy ride, full of unpredictable twists and turns,” says Gerry Keaney

Gerry Keaney

LOOKING ahead to 2022, we should all prepare for another bumpy ride, full of unpredictable twists and turns, writes Gerry Keaney. On the automotive front line, BVRLA members look likely to grapple with supply issues for some time yet – whether it is new vehicles, skilled staff or appropriate charging infrastructure.  Those supply issues, in conjunction with the threat of tighter restrictions…

Broker market gets back into gear with 8% rise in fleet

Leasing Broker H1 2021 graphic showing growth

THE leasing broker sector continues to deliver, regaining the lost ground of the pandemic/WLTP punctuated 2020, according to latest figures for H1 2021 from the BVRLA. These are the key metrics compared with same period H1 2020: BVRLA broker fleet grew by 8% to 392,993 The total vehicle fleet size reached a new high in H1 2021 and has continued to grow…

BVRLA appoints PPL for Leasing Broker Governance programme

Phillip Garlick Managing Director – Product Partnerships Ltd PPL 1

PRODUCT Partnerships Limited (PPL) is the new compliance partner for the BVRLA, effective October 2021, responsible for Leasing Broker Governance. PPL is a specialist compliance consultancy with extensive knowledge and experience in working with leasing brokers and dealers. BVRLA says it has full confidence in PPL carrying out the Leasing Broker Governance Programme, with an audit schedule already being planned. Phillip Garlick…

Two new senior appointments at the BVRLA

bvrla appointments

THE BVRLA has strengthened its senior executive team with two new appointments. Harry Madan joins as head of compliance and governance (above, left), while Adam Forshaw (above, right) joins as head of communications. Madan may be be familiar to many leasing brokers, having previously worked for the Consumer Credit Advisory Services as a compliance consultant and auditor. Commenting on Madan’s appointment, Shashi…

Broker News Newsletter 31 August 2021

Kyogo Furuhasi with one of the Nissan Leaf vehicles from Intelligent Car Leasing

Super Deduction Allowance – Time To Modernise Tax Incentives GOVERNMENT must modernise its approach to tax incentives. The brilliant 130% Super Deduction Allowance introduced to stimulate post-pandemic recovery – while useful for commercial vehicle and equipment acquisition – is at odds with the way most businesses acquire new vehicles: and that’s by leasing and short-term hire. So the BVRLA has written to…

Re-think needed on Super Deduction

Only purchased vans currently qualify for the super deduction

THE Chancellor’s Super Deduction allowance, offering a 130% first year allowance for main pool expenditure incurred up to April 2023, needs to be rethought to include leasing. That’s the view of the the BVRLA and six other leading trade associations who have collectively written to the Chancellor, urging him to modernise the way Government uses tax incentives to drive business investment in…