ADVERTORIAL ANGLO SCOTTISH ASSET FINANCE
rates subsidised by the Government, but only on specific vehicles. The approved list can be found on the Government website. Anglo Scottish services Sourcing and supply – sourcing and funding a new electric fleet can be a difficult and time- consuming chore, which is why many companies engage with Anglo Scottish Asset Finance’s team of vehicle experts. The Anglo Scottish team can source vehicles that meet certain specifications (including new and used vehicles). The team can also organise extras you want or need such as signwriting, roof racks, tow bars, ply lining. Thanks to the relationships Anglo Scottish has with dealers across the country, we can provide EVs from stock, often at discounted rates. Business vehicle finance – if you’re searching for a van, truck, lorry or HGV, we will find a vehicle finance solution tailored to your circumstances. Business contract hire – to support your business, our vehicle finance solutions include contract hire for renting vehicles, with service and maintenance expenses included in the rental payments. This hassle- free approach allows your business to operate without the burden of owning a depreciating asset.
Transitioning to electric vehicles (EVs) is key to your business’ long-term sustainability. Anglo Scottish Asset Finance has a solution to suit your needs MAKE THE SWITCH
While Clean Air schemes have boosted some businesses, many around the country have not been able to access government support to transition to EVs because of their location. However, there is help available. Government incentives Grants for EVs: SMEs can apply for a 75 per cent discount on the installation of EV infrastructure for their fleet and staff. Open until 31 March 2025, applications can be made on the UK Government’s website. Capital allowance for EVs: If you have acquired a company EV since April 2024, you are eligible to claim capital allowance and deduct 100 per cent of the vehicle cost from your taxable profit. Low-emission vehicles grant: Vans, trucks and taxis are eligible for discounted
T he Committee for Climate Change has recommended all new vehicles be electric by 2035 or sooner to meet the UK’s Net Zero target of 2050. The UK Government will phase out the sale of new petrol and diesel cars by 2030, paving the way for all new vehicles to be zero emission by 2035. The future of transportation is electric – and embracing this change is crucial for businesses. The UK Government rolled out its Clean Air Zones scheme in several cities, including Bath, Sheffield and Bristol. With the assistance of Anglo Scottish
Asset Finance, many SMEs and sole traders have become “clean air compliant” by accessing government grants and Anglo’s vehicle sourcing service and competitive finance agreements. Businesses in affected cities have used Anglo’s services to replace older, more polluting vehicles with newer environmentally- friendly petrol or diesel vehicles. Others have made the leap to hybrid or electric vehicles – revolutionising their fleet and future-proofing their business against low-emission zone charges.
Looking for further guidance? For more information on the services offered by Anglo Scottish Asset Finance, or to enquire about a new EV, please contact Andrew Morris, Head of Vehicle Solutions on 07951 895 282 or email Andrew.Morris@angloscottishfinance.co.uk.
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