Survey reveals two thirds of employees claim expenses for personal fuel
A survey investigating fuel costs has revealed that employees regularly claim expenses on fuel for personal use. The study, carried out by satellite tracking company Bubble Tracker, found that over two thirds of respondents had falsely claimed business expenses for fuel used on non work journeys.
Fuel prices are now at an all time high, and the main reasons cited by respondents were the rising fuel costs – and the fact that employers lacked a way of effectively monitoring correct usage.
One way of tackling this issue is through the use of tracking devices, increasingly being used by company vehicle fleets to monitor mileage. Launched earlier this year, Bubble Tracker has developed a portable tracking device which can be placed in an employee’s vehicle and uses GPS signals to track the location. The historic data feature allows employers to keep track of mileage usage. They can also set up a zone which will send out an alert if the vehicle leaves the area, notifying them if an employee goes off route whilst at work.
“Whilst many employees may not necessarily believe that what they are doing is wrong, they are in fact committing fraud and the employer that is left with a large bill. With the cost of fuel petrol rising by over 50% since 2006, it’s a financial drain that that hard pressed companies could do without,” comments Jamie Ellwood, Managing Director of Bubble Tracker. “Our GPS tracker allows both employees and employers to calculate the correct mileage so that running costs can be correctly monitored and analysed. In addition, because it is portable, it can easily be transferred between vehicles.”
The Bubble Tracker is priced at £99.95 (inc. VAT). Costing 28p per day to run, it is believed to be the most cost effective tracker currently on the market. For more information about the Bubble Tracker visit www.bubbletracker.com.
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Jessica has worked in digital marketing for over 10 years and has watched it evolve from an experimental marketing option to an essential tool for most businesses. She is driven to help businesses achieve their objectives using the best digital marketing resources available and recognises that each business is different. Jessica devours the latest news about digital marketing and is constantly learning in order to stay ahead of the trends for clients.
