Trakm8 Prime can help small and medium-sized businesses reduce their red tape burden and stay HMRC-compliant.
Nickie Hunt-Mason, Sales & Marketing Director - Fleet and Optimisation for Trakm8, said: “Affordable vehicle tracking for smaller fleets is not just about the bare basics. Solutions such as Trakm8 Prime also enable users to separate out business and private mileage at the push of a button.
“Our P11D management tool keeps sole traders and small fleets HMRC-compliant, as well as saving them time and money. Now is the time to plan ahead for the next financial year by getting these systems in place.”
Better book-keeping can help to reduce accountancy fees as well as aiding with HMRC compliance and Trakm8 users can easily export data into a downloadable spreadsheet to assist. For companies where employees do not use the vehicles out of hours or for personal use, Trakm8 Prime acts as a digital log, demonstrating to HMRC that company vehicles are only used for work purposes.
P11D management is one of the core features of Trakm8 Prime, the self-install vehicle tracking system for SMEs. Priced from just £6.99 per vehicle, per month, Trakm8 Prime is a cost-effective fleet management tool for small businesses. It combines GPS tracking with vehicle health alerts, as well as business and private mileage management. It also monitors driver behaviour KPIs such as excessive acceleration, harsh braking, sharp cornering, and engine idling.