Tag: Gensen

Gensen updates online tax software for 21/22 tax year

Gensen update for 2122 tax year

THE Gensen suite of online tax consultancy tools, inceasingly used by brokers and leasing companies for customer consultancy, has been updated to reflect the start of the new tax year and changes introduced in the recent Budget. BCF Wessex, the software developers behind the Gensen tax calculators, said the latest version accounted for the BIK tax rates that apply until April 2025.…

2020 review of the leasing broker sector

2020 Review Leasing Broker Sector

AS we prepare to park 2020 behind its COVID-19 face mask, it’s worth reflecting on some of the major trends in the leasing broker sector. Many of the changes were accelerated by the impact of coronavirus – in similar fashion to the way coronavirus accelerated trends already evident in society as a whole – such as the focus on improved digitisation, and…

Hybrids v Plug-in Hybrids – which is best for business?

hybrid vs plug-in hybrid

HYBRIDS have had something of a reprieve lately: hybrids were originally believed to be part of the on-sale cull of petrol and diesel vehicles brought forward to 2030. However, the recent government 10 Point Plan to decarbonise the UK still bans petrol and diesel cars from that date, but hybrid vehicles will be allowed to continue until 2035. Admittedly there is still…

Is cash still king for clients?

cash or car - is cash still king?

CASH: I’m not sure the last time I actually used ‘physical money’ since the pandemic started in March, preferring contactless card transactions delivered digitally and securely, rather than notes touched by humans. But cash still has a role to play in company car provision, whether that’s a company car, salary sacrifice car or a cash alternative. Provision of a car remains an…

Fleet Alliance licenses consultancy enhancing Gensen software

Fleet Alliance licences Gensen

GLASGOW-headquartered leasing broker and fleet management company, Fleet Alliance, has bought a licence to use the Gensen suite of tax and financial calculators. Developed by specialist tax consultancy and automotive software developer, BCF Wessex, Gensen facilitates customer consultation in real time across a range of financial tools, including both employer and employee positions depending on the choice of financial product. Fleet Alliance…

How can you make salary sacrifice work for your customers?

Woman leaving her salary sacrifice car charging

TYPE into your search engine of choice – OK, Google then – and enter salary sacrifice cars. At the latest count there were 13.4m entries about salary sacrifice. Following the benefit in kind changes in April 2020, salary sacrifice has become widely talked about as a way for drivers to go green by driving electric cars or plug-in hybrids, and for companies…

Arval report says Business Contract Hire to rise in popularity

Business Contract Hire on the rise

RESEARCH from the Arval Mobility Observatory indicates that Business Contract Hire (BCH) is going to gain significant traction. Researchers asked businesses whether they expected an increased use of BCH in the next three years: more than a quarter (26%) of fleets said yes, compared with just over one in 10 (12%) when the same question was posed in 2019. Shaun Sadlier, head…