peak mileage expenses

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PEAK Mileage Capture mileage made easy

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Page 1: Peak mileage expenses

PEAK Mileage Capturemileage made easy

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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

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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.

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Coffee in one hand.Mileage control inthe other.Discover five-minutePEAK Mileage Capture

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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

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Three unique flavours to choses from

Standard EnhancedGPS

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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

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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

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Next Steps: Lets agree what's next